It is the culmination of years of escalating tensions between the companies and their contract work forces.
By Faiz Siddiqui Faiz Siddiqui San Francisco-based tech reporter covering automation and the future of transportation, including Tesla, Uber and Lyft Email Bio Follow May 8 at 11:20 AM SAN FRANCISCO — Uber and Lyft drivers nationwide began strikes and demonstrations in multiple cities Wednesday to lobby for better pay and transparency.
Demonstrations and some strikes were expected to take place in at least seven other cities, including Boston, Chicago, Los Angeles, Minneapolis, Philadelphia, San Francisco and Washington. Work stoppages were planned for only some of those cities, however, and it was unclear whether they would affect wait times or passenger fares. The actions precede Uber’s initial public offering, scheduled for Friday and expected to raise about $9 billion.
Uber argued in its stock filing this month that its decision to decouple passenger fares from driver pay was one of the reasons to invest in the company. It helps avoid guaranteeing fares to drivers, something that can pad profits. However, the company also may eat losses if it needs to compensate drivers more than a rider is willing to pay.
Gregg said that his pay has dropped to about $900 a week for 60 hours of work after expenses, from $1,200 for 40 hours two years ago. He attributes that in part to the change in fare structure, as well as lower distance-based rates.Uber said it provides “full transparency” on rider fares and driver earnings on each trip, giving drivers the option to see their distance and mileage-based calculations within the app, including trip-by-trip and total earnings.
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