Uber drivers plan strike ahead of IPO

Uber And Lyft

Uber And Lyft

"Groups of drivers in Chicago, Philadelphia, and Washington, D.C., among other cities, will hold rallies in solidarity with drivers around the country".

Many drivers in San Diego are expected to strike throughout the day Wednesday, with picketing and a rally starting at 11 a.m.at Lindbergh Field's Transportation Island at Terminal 1.

Both companies recently slashed the per-mile rate drivers earn in Los Angeles and San Francisco, and some drivers estimated a loss of 10 per cent to 20 per cent in earnings. However, the threat of protests captured the attention of local politicians, with United Kingdom opposition leader Jeremy Corbyn tweeting that "Uber can not be allowed to get away with huge payouts for their CEOs while refusing to pay drivers a decent wage and respect their rights at work".

On Tuesday, FOX 5 spoke with a few drivers in the area who said they actually do not plan to strike, but near Reagan National Airport, where so many people rely on Uber and Lyft for pickup and drop off, there may certainly be an impact.

Eliza Bates, a spokeswoman for the New York Taxi Workers Alliance, told The Post in an email following the two-hour strike that 10,000 drivers "really" did participate.

"They make it virtually impossible for a passenger to understand how much the drivers are getting and they also make it very hard for the drivers to understand what's going on", said Walt Ellis, an Uber driver in the Seattle area who is planning to protest Wednesday.

"We know that access to flexible, extra income makes a big difference for millions of people, and we're constantly working to improve how we can best serve our driver community", Lyft said.

An Uber representative told CNet that it is working with drivers to improve their experience.

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Driver's from Uber competitor Lyft, which staged its own public stock launch last month, are also participating in the labor actions, which are mostly focused in large USA metro areas, including New York, Los Angeles, San Francisco, Chicago, Washington and Boston. The drivers association analysis, as well as the companies' own filings with the Securities and Exchange Commission (SEC), "shows that the IPO payday for executives is being sold to investors on a promise of decreasing pay for workers", the report said.

Laurel Hirschmann, pictured here on May 6, 2019, drives seven days a week for ride-hailing apps like Uber but still struggles to make ends meet. As the ride-hailing services have expanded, they also have become critical for public transit agencies in filling service gaps or providing paratransit services. While the boycott in NY will last only through the morning rush hour, drivers' groups in Boston and Los Angeles are encouraging members to turn off their apps for the full day. Like some other gig-economy companies, the two have long argued their drivers are independent contractors. She expects about 100 drivers to gather for a demonstration in the Loop at 3 p.m. Wednesday, then move toward City Hall to stage a protest.

Both rideshare services released statements regarding drivers' wages.

Organizing drivers is hard, though, said San Francisco Bay Area-based Edward Escobar, who founded The Alliance for Independent Workers four years ago.

A question now is how investors will view the risks associated with the ongoing debate that's so core to Uber's business.

"Uber (and Lyft) will use some of the proceeds from the IPO will go towards the development of autonomous vehicles".

Money: "Uber and Lyft Drivers Are Striking This Week. My condition as an Uber driver has gotten worse and worse". Despite the massive valuations, neither company has a clear path to profitability.

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