This article was posted on Thursday, 14:43, UTC.
Uber just got cheaper in eighty cities in the US and Canada, and Uber drivers are pissed. “We’re reducing prices to heat up demand,” the company wrote in an e-mail to drivers for its Uber X and Uber XL services. Demand, many drivers point out, does not necessarily mean higher earnings for them, and they claim instead they’re subsidizing the new rates with paltry earnings. Drivers claim that while Uber continues making the same rate as before the rate cut, their earnings are directly impacted; indeed, in some markets, they will be subsidizing the costs to chauffeur passengers. Since Uber actively…
// -- Discuss and ask questions in our community on Workplace
. Don't have an account? Send Jonas Borchgrevink an email -- //
Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.
Feedback or Requests?
Receive New Posts on Email:
Justin O'Connell is the founder of financial technology focused CryptographicAsset.com.
Justin organized the launch of the largest Bitcoin ATM hardware and software provider in the world at the historical Hotel del Coronado in southern California.
His works appear in the U.S.'s third largest weekly, the San Diego Reader, VICE and elsewhere.