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It might help to use "costs" rather than "losses"? For one, consider that we attempt to constrain the price of labor upward to cover the cost of living. By hav
by 95014_refugee 8y ago
It might help to use "costs" rather than "losses"?
For one, consider that we attempt to constrain the price of labor upward to cover the cost of living. By having a large workforce that is not necessarily subject to these constraints (minimum wage, employer health plan, payroll taxes, etc.) Uber fails to meet the CoL for a large slice of its workforce, which then has to lean on society to make up the balance.