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This author is clearly hostile towards Uber. Very much so, and it clouds his analysis. Especially this: Anyone who's taken an Uber since the lockdowns lifted
by orangecat 4y ago
This author is clearly hostile towards Uber.
Very much so, and it clouds his analysis. Especially this:
Anyone who's taken an Uber since the lockdowns lifted knows that the company's prices have skyrocketed. What you may not know (unless you drive for Uber) is that the company has also slashed driver pay over that same period – over the past year, Uber's share of each fare climbed from 18% to 28%, a 66% increase in the shareholders' claim over the fruits of Uber drivers' labor.
If Uber's share goes from 18% to 28% then the driver share goes from 82% to 72%. This is a 12% decrease that is almost certainly more than made up for by the increased fares. The 66% figure is irrelevant in the context of driver take-home pay; he's just throwing it out there because it looks big and scary.
- deleted 4y ago[deleted]
- StellarScience 4y agoThere's also this bit: > The idea that Uber drivers are "independent contractors" was always a tissue-thin fiction The truth is the opposite: the idea that they are employees is a tissue-thin fiction. They supply their own equipment, set their own hours, and can drive for multiple companies. Though some individual states have tried to adopt different rules, they absolutely meet the IRS' federal definition of contractors. This too makes it hard to take the author seriously.
- moralestapia 4y agoLOL Yeah sure, dude. 1: https://www.jdsupra.com/legalnews/california-court-says-uber-and-lyft-49962/ https://www.jdsupra.com/legalnews/california-court-says-uber... 2: https://www.forbes.com/sites/jackkelly/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-and-not-independent-contractors-the-ruling-could-be-an-existential-threat-to-app-based-tech-companies/?sh=321adedb9005 https://www.forbes.com/sites/jackkelly/2021/02/19/uk-supreme... 3: https://www.reuters.com/world/europe/dutch-court-rules-uber-drivers-are-employees-not-contractors-newspaper-2021-09-13/ https://www.reuters.com/world/europe/dutch-court-rules-uber-...