Minneapolis drivers protested wages – and won. Lyft and Uber are choosing to leave the city rather than pay up
The Guardian » Lyft
by Michael Sainato
1w ago
Groups of drivers backed a bill setting minimum pay, but the two tech companies say it’d make riders’ fees unsustainable Uber and Lyft claim they will cease operating in the Minneapolis area in protest of a minimum pay ordinance that the city council voted to approve last week. The bill, to go into effect on 1 May, would establish a minimum pay of $1.40 per mile and $0.51 cents per minute for rideshare drivers, with a $5 per ride minimum. The city council voted to override the mayor’s veto of the ordinance, prompting Uber and Lyft to threaten to leave the region in response ..read more
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Lyft CEO says ‘My bad’ after earnings typo sends stock up 60%
The Guardian » Lyft
by Blake Montgomery and agencies
1M ago
The company had predicted it would grow by 5% in 2024, but later said that the real increase would be a factor of 10 lower Lyft beat estimates for fourth-quarter profits on Tuesday as the ride-share platform reaps the benefits of growth in rides to stadiums and airports as well as heavy cost-cutting. Company shares surged more than 60% in extended trading but erased most of those gains after Lyft’s chief financial officer corrected a major mistake in the earnings report. The company had predicted it would grow by 500 basis points (5%) in 2024, but later said that the real increase would be a f ..read more
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Uber and Lyft to pay out $328m to New York ride-share drivers
The Guardian » Lyft
by Erum Salam
5M ago
Drivers celebrate ‘historic victory’ as companies agree to settlement after being accused of withholding wages and benefits The ride-share companies Uber and Lyft have agreed to a historic settlement totaling $328m after being accused of withholding wages and benefits, such as mandatory paid sick leave, from drivers. The news, announced by the New York state attorney general’s office, comes after a multi-year investigation following a complaint filed by the New York Taxi Workers Alliance (NYTWA) union, alleging the companies were committing wage theft and passing on taxes and fees to drivers r ..read more
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New Lyft CEO David Risher announces plans to lay off hundreds of workers
The Guardian » Lyft
by Associated Press
1y ago
Employees were informed via email that a ‘significant’ number would lose their jobs to cut costs and bring fares in line with Uber The ride-hailing service Lyft is preparing to lay off hundreds of employees just days after its new CEO, David Risher, began steering the company with an eye toward driving down costs to help bring its fares more in line with its biggest rival, Uber. Risher, a former Amazon executive, informed Lyft’s workforce of more than 4,000 employees in an email posted online on Friday that a “significant” number of them will lose their jobs. The message came at the end of his ..read more
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‘It was traumatic’: Uber, Lyft drivers decry low pay and unfair deactivations
The Guardian » Lyft
by Michael Sainato
1y ago
Drivers call for regulation of rideshare companies they say collect up to 50% of fares and arbitrarily close workers’ accounts For more than five years James Jordan worked full time for Uber in Los Angeles, California, until early 2022, when he was permanently deactivated from the app – Uber’s equivalent of being fired. He said he later found out he was deactivated due to old customer complaints, but that Uber would not listen to his appeals or offer to provide dash-cam footage to disprove the allegations ..read more
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Uber and Lyft in New York required to be zero-emission by 2030, officials say
The Guardian » Lyft
by Gloria Oladipo
1y ago
Mayor Eric Adams announced the initiative was part of the ‘Working People’s Agenda’ at his second state of the city address Uber and Lyft vehicles in New York City will be required to be zero-emission by 2030, New York officials announced on Thursday. The decision could affect the 100,000 for-hire vehicles operating throughout New York ..read more
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Colorado gig drivers make an average of just $5.49 an hour, study finds
The Guardian » Lyft
by Kari Paul in San Francisco
1y ago
Although the report focuses on drivers in Denver, gig worker drivers across the US face similar issues, experts say Drivers for platforms like Lyft, Uber and DoorDash in Denver, Colorado, on average make significantly less than minimum wage when accounting for expenses and time spent on the app, a new study found, the latest research to highlight the struggles of such workers across the US. Research from workers’ rights group Colorado Jobs With Justice in partnership with drivers’ union Colorado Independent Drivers United surveyed hundreds of gig workers in the Denver area regarding their work ..read more
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Blow to Uber as top Massachusetts court blocks ballot question
The Guardian » Lyft
by Reuters
1y ago
Justices reject planned ballot measure, citing proposal limiting companies’ liability for accidents Massachusetts’ top court on Tuesday blocked an effort to ask voters whether app-based ride-share and delivery drivers should be treated as independent contractors rather than employees, in a setback for companies such as Uber and Lyft. The unanimous decision by the Massachusetts supreme judicial court marked a victory for labor activists who sued and argued the ballot measure proposal contained loopholes that would create a sub-minimum wage for drivers for the companies ..read more
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At least 50 US gig workers murdered or killed since 2017 – study
The Guardian » Lyft
by Kari Paul in San Francisco
2y ago
Activists say companies like Lyft and Uber ‘try to protect their bottom line by offloading risk’ on to workers On a Sunday afternoon in August 2021, the Lyft driver Isabella Lewis was shot in the head by a passenger she had just picked up and left for dead as the man sped off in what appeared to be a fatal carjacking. Lyft released a statement to the press at the time saying it was “heartbroken by this incident” – but Allyssa Lewis, Isabella’s sister, said her family had never received direct communication from the company, nor any financial compensation ..read more
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‘Insidious and seductive’: Uber funds lobbying group campaigning to stop gig workers unionising
The Guardian » Lyft
by Wilfred Chan
2y ago
Flex seeks to defend gig companies’ business models amid push to pass laws that would defend workers’ right to unionize and strike “If I want to work 20 minutes a week, or 30 hours, I can do that,” says a worker in a mysterious new TV ad. “When I need a day off to study for a big exam, I can do that,” says another. The ad isn’t for a jobs site or any one employer. It’s been made by a new lobbying group called Flex, which calls itself the “voice of the app-based economy”, and is backed by gig work mainstays including Uber, Lyft, DoorDash and Instacart ..read more
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