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> (see Minneapolis just now) Uber and Lyft decided to leave rather than prove that it's possible for them to pay better wages. They did not say they left becau
by ZoomerCretin 3y ago
> (see Minneapolis just now)
Uber and Lyft decided to leave rather than prove that it's possible for them to pay better wages. They did not say they left because it would be unprofitable, they left because they said it would make rides unaffordable for riders.
> The companies argued that they would be forced to pass the increased cost on to riders, which would result in drivers eventually earning less. In a statement, Lyft called the bill “deeply flawed,” adding, “this ordinance would make rides unaffordable for the majority of Minneapolis residents.”|
(https://www.nytimes.com/2024/03/15/technology/uber-lyft-minneapolis-minimum-wage.html https://www.nytimes.com/2024/03/15/technology/uber-lyft-minn...)
- Ekaros 3y agoAlmost as if they did not want to prove it by showing how much demand dropped... As the price increase would have just made them more profitable if they kept the same cut...
- baggy_trough 3y agoIt sounds like they made the right decision. Who are they supposed to prove that to? If they thought they could remain in business there profitably, they would.
- ZoomerCretin 3y agoIf you read the article, you would have noted that Uber and Lyft never stated that they could no longer profitably operate in Minneapolis.
- baggy_trough 3y agoActions speak louder than words.