What’s this Uber protest?

Airbnb GpHY52
May 8 342 Comments

Heard that it was about the drivers striking and how they are not getting paid fairly...How is this going to impact IPO?

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TOP 342 Comments
  • Uber / DatabYxS45
    No Impact, they can strike all they want. The problem is they are asking for full time jobs as Uber drivers with benefits and they want a union so they want to be like the monopoly of taxi companies that we solved with Uber
    May 850
    • Intel jjps1985
      All tris is irrelevant Autonomous Driving will come and all uber drivers will be obsolet
      May 9
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      Hey snapchat been there done that
      May 9
    • Uber bkhfdg
      The whole term “a living wage” is a load of horseshit. It’s not specific. It’s not measurable.

      Does it mean a wage that lets a worker live alone without roommates?

      Does it mean a wage that allows a worker to raise a child? Two children? More?

      Does it mean a wage where a worker can afford to live within 10 minutes of their place of work? 30 minutes? 1 hour? More?

      Does it mean a wage to afford an SRO? A studio? A one bedroom?
      May 9
    • Microsoft / Sales
      FUPM

      MicrosoftSales

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      Connection, Allstate Financial Services, LLC
      FUPMmore
      In the end a socialists view of a "living wage" is a wage that allows the leadership to control the masses and keep them stuck in a struggle for survival.
      May 9
    • SAP ksYR03
      Ok. So fist thing- Amazon was not unprofitable. Pls learn to read a B/S. Amazon always have operating cash flow. No company of last 10 years which went IPO has that.

      Second, I am with Uber in one point. The drivers use Uber because they want to be their own boss. They liked the flexibility it offered. The left taxi business because here they got be their own boss. You can’t be your own boss , decide to drive when u want and when u don’t and still demand full time benefits, healthcare etc. that’s not how life works. You can’t have your cake and eat it too.

      I agree, Uber due to Lyft, cut the price, brought more drivers for better consumer convenience which lowered their pay. It’s a difficult problem to solve. Some where I get drivers are pissed. But trust me there are many who no doubt work long hours but in the end it is getting food on their plates. I talk to many such drivers when I take one. They all are able to survive. Not having a job and being able to have one which can feed your family is not something one can disagree upon.
      May 9
    • Oracle fandantan
      They can strike all they want because soon they will all be fired and replace with self-driving cars.
      May 10
    • Fandantan, give me a break, nobody is going to be replaced with self-driving cars “soon”.
      May 10
    • Oracle fandantan
      Username, that’s exactly what Oracle kept saying about the cloud: Cloud for enterprise is not a “thing”....and here we are. Everyone on enterprise moving to the cloud and our cloud is a baby.
      The future is here. Self-driving cars will be on the roads soon. Get onboard or sink.
      May 10
    • Microsoft justme1
      @FUPM of course that never happens in capitalism...yeah right.
      May 10
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      No in capitalism if you dont like your wage you grow your skillset and strive for upward mobility, in socialism you dont have that choice.
      May 10
  • Google balin
    The striking drivers are welcome to create another Uber-like company and hire themselves with better benefits. I am sure the remaining Uber drivers will migrate to them, bankrupting Uber.

    Oh they can’t? Then they should shut up and drive.
    May 887
    • Intel / EngWho.Dis
      ^How did the college tuition money enter your pockets? Did you work and save?
      May 13
    • Akamai Technologies VmQQ44
      Worked full time (multiple part time jobs) while going to school and took out sub & unsub student loans which I paid back as quick as I could to pay minimal interest.
      May 13
    • Clover Health sinkinship
      I highly doubt you didn't accept free poverty grants as well. That's much lower interest (0%).
      May 13
    • Intel / EngWho.Dis
      Welp, glad we can just forget & ignore that time of our lives. I’m too busy hating on the poor right now.
      May 13
    • LinkedIn rsu cliff
      It's ironic that the policies which have the most harmful effects on the poor are usually championed in their name.
      May 13
    • Slack / Eng
      cheeseeate

      SlackEng

      PRE
      Facebook
      cheeseeatemore
      Good example for that: the newspeak around a "right to work" (which is weakening collective bargaining and hurting the poor)
      May 13
    • LinkedIn rsu cliff
      Nope. Unions today tend to promote tenure-based pay and block extra pay for hard workers. That results in worse working conditions for workers, lower revenue for their employers, less budget for labor, and fewer jobs. Some unions do help some members, but as a whole they make their members' lives worse.

      Better examples:
      * minimum wage (lowers wages, increases inflation)
      * rent control (increases rent prices, causes homelessness)
      * occupational licensing (kills jobs in that occupation)
      * college tuition subsidies (make college more expensive)
      * child tax credits (causes poor single family homes)
      May 13
    • Akamai Technologies VmQQ44
      @sinkinship nope I didn’t qualify for income based assistance because all through high school I worked multiple part time jobs so my income + 4 parents income (combined household incomes after parents divorced/remarried) disqualified me for any income based financial assistance.

      Government assistance should be reserved for those who legit can’t work due to serious injury, a real disability (not merely being a lazy fatass that pops out kids), etc. If you’re able bodied, there’s never a reason you should get handouts, you just need to work harder.

      There was no social safety net for all the hard working immigrants that came over and helped make America great originally. They worked their a$$es off and achieved much.
      May 13
    • Clover Health sinkinship
      Definitely wasn't living in poverty then. Makes sense.
      May 13
    • Akamai Technologies VmQQ44
      That’s rich 🤣 because we believed in hard work, we weren’t in poverty 🤣 By every economic standard we were but my family including myself believed in hard work that didn’t stop at 40 hrs/wk. We qualified for assistance numerous times in my life but didn’t take it because we believed as long as you were able bodied, it was shameful to do so.

      You forget modern welfare didn’t exist until the late 1930s. Before that, there was no welfare system. Since introducing the govt teat, people have gotten lazy and forgot what hard work is and would rather just b*tch and moan while claiming they deserve more yet they don’t demonstrate value that justifies more. If you don’t make enough money you have two options, get an additional job or get one that pays better which might require bettering yourself first.
      May 13
  • LinkedIn JaFu88
    Blind is a great reminder that most people in tech are pieces of shit with overinflated egos. This thread is a prime example.
    May 814
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      Honestly it’s the main function of this app for me.
      May 8
    • Apple
      Spraynard

      Apple

      BIO
      Call me Spray for short
      Spraynardmore
      Apparently this person was triggered. There’s a safe room on the third floor of the LinkedIn building. There’s lots of teddy bears and animal crackers there for you. Wait I forgot we can’t have animal crackers anymore because it was deemed too insensitive and it promotes beheading and eating lions. So it’s just cheerios in little baggies. Ha
      May 8
    • Tinder trolol
      @Spraynard way to prove him right. 🤦
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      I wasn’t triggered, slugger. You’re welcome to lose as much of your money as you want on a bad investment; just don’t come crying to me when you have to switch to used teddy bears and generic “Happy-O’s” store brand cereals when the stock tanks.
      May 8
    • Intel Who.Dis
      ^You got me riled now.

      Don’t talk shit on Happy O’s
      May 8
    • Clover Health sinkinship
      I can't wait to see how this turns out.
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      (Is that a Tourette’s Guy reference?!)
      May 8
    • Akamai Technologies VmQQ44
      @Spraynard you win the internet. This is the best post I’ve seen on Blind to date.
      May 8
    • LinkedIn JaFu88
      🙄🙄🙄 Joe Rogan fans are so predictable.
      May 8
    • Uber
      supermang

      Uber

      PRE
      Super Evil Mega Corp
      supermangmore
      Fuck bob saget!
      May 8
  • Flagged by the community.

    • Lyft gunda
      What is the misunderstanding he has. Seems logical to me
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      Uber is already subsidizing about 30-40% of the cost of rides, for one thing. Prices have to rise one way or the other; it’s inevitable since economies of scale don’t apply to either the user base or the fixed costs inherent in any car-based transit company.

      For another thing, “drivers would then give fewer rides over the same period of time” assumes a completely symmetric level of growth in terms of both supply and demand across the board.

      Investors who believe in the business model are the rubes here. What’s funny is *they* think the drivers are idiots.
      May 8
    • Microsoft amPN04
      Also you are displaying a gross lack of empathy or understanding of economics.
      May 8
    • Microsoft amPN04
      If someone is doing a service for you that is worth the price, you pay the fair price. Fair price means that a living wage for the folks serving your coffee and chauffeuring your entitled ass around, enough to cover fundamental health care and enough to live with a <3 hr 1 way commute. It’s basic human decency. Otherwise, give up these luxuries and conveniences of your life.
      May 8
    • Clover Health sinkinship
      The library is open.
      May 8
    • Uber kinh
      Ampn04, what is the fair price for you? Are YOU willing to pay that price?
      May 8
    • TuneIn iiipo
      @microsoft, what about people who need car share services but can't afford the "fair" price, assuming it's much higher than it is now.
      May 8
    • Equifax / Eng
      diDP08

      EquifaxEng

      PRE
      Infosys
      diDP08more
      ^^This. People don't realize that a lot of people hailing this car service are low income people who can't afford cars. I drove for uber for a while, and I picked up a lot of customers who just had finished their last shift at a fast food restaurant, or single mothers going to work early in the mornings. Raising prices will affect their pockets much more then few rich millennials who are going for drinks (or don't know how to drive).

      Bdw, I think dissatisfied drivers are a minority. Most of the drivers did not participate in the protests. I saw a news reporting that, that a reporter who was going to cove the uber driver protest in NYC was able to hail uber ride only in 3 minutes :D
      May 8
    • Clover Health sinkinship
      Not that I'm arguing otherwise, but the percentage of Uber drivers protesting is moot. That rebuttal of of "why aren't you here," is old as the hills, because some people can't afford to stop working to protest.
      May 8
    • Google balin
      Amazing to see how people argue trivial idea: people buy less if the prices go up. You can talk about symmetry of market forces all you like, but it’s not going to change the fact that it’s the only reason prices exist: to balance demand and supply.
      May 9
  • Facebook public2
    Protesting low pay and it won't.
    May 80
  • LinkedIn jsnewbie
    You know things are F-ed when an Amazon guy is talking about empathy towards workers
    May 85
    • eBay / Eng
      mDBW53

      eBayEng

      PRE
      NVIDIA
      mDBW53more
      Or just shows how out of touch they are with what they are doing. Full on koolaid.
      May 8
    • Nordstrom Nepotism
      Or just shows you lack critical thinking skills and believe everything HuffPo feeds you
      May 8
    • LinkedIn jsnewbie
      Lol eBay and Nordstrom worrying about customers. Cute.
      May 8
    • Southwest Airlines ajskdlflsm
      Are you part of House LinkedIn? Does this mean you fight for Lord Weiner too? I didn't realize we were in a feudalist society where our individual opinions/comments were meant to reflect our employer's handling of customers or whatever.
      May 10
    • LinkedIn jsnewbie
      No I'm a hired gun. I sell my soul to the highest bidder
      May 10
  • Akamai Technologies VmQQ44
    No impact. ETAs and pricing are the same today as any other day. The supposed “strike” has had no effect as is the case with most strikes.
    May 83
    • eBay / Eng
      mDBW53

      eBayEng

      PRE
      NVIDIA
      mDBW53more
      Uber can fix the prices. Just take a small hit today and break the backs of people who don’t appreciate their place in the company.
      May 8
    • Akamai Technologies VmQQ44
      Doesn’t explain same ETAs for driver arrival as any other day. Thanks for playing, better luck next time.
      May 8
    • eBay / Eng
      mDBW53

      eBayEng

      PRE
      NVIDIA
      mDBW53more
      But my driver today wasn’t on time. I had to wait 9 minutes which is the second longest only behind 11 minutes that I’ve ever had to wait. In comparison yesterday the wait was 3 minutes.
      May 8
  • Amazon zXno30
    They can get a higher cut. One condition. Ban the prius and make them drive real cars
    May 816
    • Clover Health sinkinship
      If that were even true, only because the political conservative is just a meaningless label.
      May 8
    • New bzRF81
      I think people are pissed of about Priuses because a lot of Priuses drive slowly and get in other people's way.
      May 8
    • Clover Health sinkinship
      Honestly, I'd rather be more conservative and save gas money than have people like me.
      May 8
    • New hqWe60
      enforce teslas, looks good and saves gas, best of both worlds
      May 8
    • Clover Health sinkinship
      Let the company prove itself more and I will. That's also part of being actually conservative. I want to be sure my car lasts long enough to offset the carbon and monetary cost + can be properly maintained by the manufacturer. 10 years since their first vehicle is almost enough.

      Honestly, though, I'm betting car ownership is going to start being less trendy in the next decade. "The American Dream" was a marketing scam to begin with, and the idea of being "sexy" with a car is just plain stupid if you stop for a moment to think about it. We even make fun of middle-aged men over it.

      The irony that this weirdo is calling people pussies over a Prius when we say the metaphorical same over people with powerful cars. 🤣 it's all so primitive and literally small-minded. Grow the fuck up with that, kids.
      May 8
    • LinkedIn Zeiwkf5
      The Prius is probably the lowest cost/mile to drive vehicle out there. It’s a natural choice for cabs/uber. I feel whenever the only thing you have to say about a car is that it’s “ugly”, you’ve already lost the argument.
      May 8
    • Akamai Technologies VmQQ44
      It’s not when you look at long term ownership. Battery life and cost of replacing negates any cost savings of a hybrid. The calculus changes a bit if your state allows hybrids in the HOV lane and you’re doing airport runs.
      May 8
    • LinkedIn Zeiwkf5
      https://www2.greencarreports.com/news/1078138_toyota-hybrid-battery-replacement-cost-guide “replacements are rare. Most Prius will not need a new battery ever. Warranties are 100k miles”
      May 8
    • Akamai Technologies VmQQ44
      You’re talking about a daily driver vs using it for a taxi. Not equivalent, many more miles racked up much quicker.
      May 8
    • Clover Health sinkinship
      Invalid argument. A daily driver is not making money from driving more. A ride share driver is.
      May 8
  • Intuit Mqedg
    For all the idiots who are asking the drivers to go find a skilled occupation, please realize that if all drivers were to learn programming or medicine then those jobs would be minimum wage jobs as well. Capitalism is designed to have only few rich people at the top. 1% of the rich own more wealth than the bottom 92%. The reason we techies enjoy high paying jobs is because of the average joe who makes $30,000 and not because of the few snooty bayarea coders.
    In the age of cloud, machine learning and AI, most Americans will eventually be replaced by machines. Now the question is what are those middle aged jobless people supposed to do?
    May 819
    • Google balin
      @VmQQ44 Amen brother hf :)
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      You should do some reading on relative deprivation.
      May 8
    • Akamai Technologies VmQQ44
      False equivalency fallacy just says the two things are not equal or comparable. There’s nothing about having to be oppositional points.
      May 8
    • Akamai Technologies VmQQ44
      @balin: 👍
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      From Wiki-freaking-pedia: “False equivalence is a logical fallacy in which two *completely opposing* arguments appear to be logically equivalent when in fact they are not.” [emphasis mine]

      Regardless - what’s the false equivalence? Care to share, or leave it as a bare assertion?
      May 8
    • Akamai Technologies VmQQ44
      Job market and housing market are completely different things for numerous reasons. Trying to equate them is nonsense.
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      Yes. Saying “the job market”, which involves the supply of and demand for labour across many industries, and “the housing market”, which is small segment of the economy and involves the sale of a limited type of high-priced commodity, are exactly the same would be dumb.

      That’s why I didn’t say it - what I tried to point out is that claiming any and all technological changes will yield deterministic (and positive) outcomes is myopic. Just because economic trends led to certain outcomes in the past, even over long stretches of time, is no justification for claiming those trends will continue indefinitely. That’s a facile and potentially problematic viewpoint.

      Sorry if that wasn’t clear.
      May 8
    • Google balin
      Hey Samurai wassup. You sound exactly like a child telling his parents that Newton laws might just stop working because why not?

      Market works in the same way because people stay the same. As soon as you get more of something its price goes down, and as soon as price goes down people find other ways to use the thing.

      Automation frees up people? Good. Labor becomes more available, and humans are seriously adaptable. More labor means more opportunities for new businesses to hire. As a result, economy grows. Those who had to adapt grumble a bit but people grumble all the time so nothing to see here.

      There’s only one thing that will make things worse: government messing with market via regulations, UBI, welfare programs and rest of stuff that prevents labor from entering the market.
      May 9
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      Uh-huh. Rules of the market are as immutable as the laws of physics. Gotcha.
      May 9
    • Intuit Mqedg
      Lol... economics is not science ... hypothetically let’s say it is, hasn’t always old science replaced by new science? Even Newton’s law of gravity found its limitations when scientists tried to use it on sub atomic particles.
      As a person of science, always question the status quo and always question the data sample size and the quality of data when someone says - “my argument is backed by data.”
      May 9
  • Microsoft Tictoff🍸
    They are corrupt as fuck. Use lyft instead.
    May 812
    • LinkedIn mtndew💚
      Lol this Microsoft is so out of touch
      May 8
    • Microsoft Tictoff🍸
      What's your deal with Lyft? I have never heard anything but good experiences and I have never had any issues with them and used to every time with Uber.
      May 9
    • Uber kshwjfjf
      If we are talking about wages, its no different from either company
      May 9
    • Clover Health sinkinship
      Well I'd say it's about 25% different now, no?
      May 9
    • Uber Yol0$
      If wages at Uber were higher than Lyft, then drivers would just drive exclusively for Uber. Vice versa applies. There is 0 cost for swapping from Uber to Lyft for drivers and many do both
      May 9
    • Clover Health sinkinship
      Wages aren't constant nor consistent. If too many people "switched" to Uber, they'd be waiting at the curb.
      May 9
    • Uber Yol0$
      Point is, there's not much difference
      May 9
    • Clover Health sinkinship
      Except the point is invalid.
      May 9
    • Microsoft Tictoff🍸
      Except lyft helps its community and gives a percentage to charities. Uber is just corrupt from the head down from day one. I mean they hire people before doing background checks and these people have raped and literally killed people.
      May 9
    • Uber kshwjfjf
      Try harder in your next interview
      May 9
  • LinkedIn JaFu88
    Top of HN right now: https://www.bloomberg.com/opinion/articles/2019-05-08/the-mighty-u-s-consumer-is-struggling

    Nope no problem here, the poors are just complaining. It’ll pass.
    May 813
    • Microsoft whymsft
      Minimum wage is a politically convenient solution but it’s market distortive. I’m in favor of up-zoning most areas to reduce housing cost and yes also increasing capital gain and inheritance taxes. Ultimately the question is why do we have a large number of unskilled workforce in the first place who have to resort to working McJobs? The education system is broken and higher education costs way too much.
      May 8
    • Netflix MonteC
      There is no such thing as free market. That by itself is political distortion.
      May 8
    • Microsoft whymsft
      Irrelevant. We should keep it as free as possible and intervene when necessary. That’s why we have the FAA. The FCC. Dodd-Frank.
      May 8
    • Clover Health sinkinship
      Mm I would not add the FCC as an argument for intervention in a tech app.
      May 8
    • Microsoft whymsft
      FCC is relevant when a single cable company serves the entire city. They effectively have a monopoly and should be regulated as such.
      May 8
    • Groupon / Engsleepy
      A higher minimum wage would definitely take a lot of jobs overseas in the short term and automate in the long term.
      May 8
    • Clover Health sinkinship
      Thing is, the FCC allows unsaid cable company plenty of free reign on that monopoly. Regulation doesn't work with lobbying and corruption.
      May 8
    • Microsoft whymsft
      I didn’t say the current FCC is doing a good job. I just mentioned FCC as an acceptable form of government intervention
      May 8
    • Clover Health sinkinship
      Something is acceptable only if it is doing a good job.
      May 8
    • LinkedIn rsu cliff
      The minimum wage reduces pay for the poor. It's discriminatory against poor and minority black and latino workers. The larger the increase, the more people who lose their jobs.
      May 9
  • Accenture IcKi23
    short version: people whining about capitalism/free markets
    May 80
  • Amazon
    SamuraiBlu

    Amazon

    BIO
    VP of Everything
    SamuraiBlumore
    It won’t affect the IPO at all - Uber will still be a bad investment and you’ll still lose a lot of money, if that makes you feel better.
    May 80
  • Apple
    Spraynard

    Apple

    BIO
    Call me Spray for short
    Spraynardmore
    A lot of Uber drivers are ex cab drivers. They used to have unions to protect them from competition ..... and unfair practices.... although this is what capitalism looks like. Cab companies refused to hold their drivers to a standard and became a crappy experience and they were forced out of the market. The Uber drivers (many ex cabs) now want to go back to the same system they had before. It’s not going to happen.

    It will affect their IPO imo. Which will be good because they are probably valued too high anyway (look at lyft).

    I will agree I think Lyft USED to treat their drivers better and gave them a higher rate but now they are tied together like all sorts of other industries because they’ve both come to understand what they need to make to make a profit to keep shareholders happy.

    If Lyft came out right now with a price war strategy and offered a temporary rate hike for ex Uber drivers to switch over it could hurt Uber even more.

    For the record I think 25% cut from every ride is a bit much by both companies to take. If they cut it to 18 or 20, I think that might satisfy them enough and force Lyft to do the same thing. But as for making them ft employees with benefits is a crock of sh*t.
    May 84
    • Akamai Technologies VmQQ44
      That sounds an awful lot like Not My Problem. If it was so much better being a cab driver, go back to it. Low/no skilled labor is in no position to demand anything. Want more from life? Better yourself! Until then, they’re a dime a dozen and easily replaceable.
      May 8
    • Amazon
      SamuraiBlu

      Amazon

      BIO
      VP of Everything
      SamuraiBlumore
      “Cab companies refused to hold their drivers to a standard...” Not quite. Cab companies are held to standards like labor laws and local regulations; those are the standards Uber and Lyft specifically want (and need, frankly, if they want to compete) to get around in order to success.
      May 8
    • Apple
      Spraynard

      Apple

      BIO
      Call me Spray for short
      Spraynardmore
      Uber has labor laws it abides to for its employees. Drivers are not employees. Uber and a Lyft have lots of regulations they are held to.
      I was talking about standards for the actual driver as an employee, like not being a freaking assh*le to their passengers, having a clean car, not reeking of BO, not excessively unsafe driving and most annoyingly being on the god damn phone while screaming and honking at everyone.

      That’s the standard I was talking about. Uber and lyft changed that. And guess what, I’ve been taking a cab a lot more lately and I think it might have had a spill over effect on the cab companies.
      May 8
    • Groupon / Engsleepy
      Who gives drivers a higher rate? Uber or Lyft? I thought the take rate of Lyft is higher.
      May 8
  • Lyft FwUh10
    The only impact is journalists scrambling to report on a story that isn't manifesting itself like they thought it would.
    May 81
    • Akamai Technologies VmQQ44
      You mean like every day? 🤣
      May 8
  • Adobe xzez56
    It looks like the barrier of entry for drivers is getting lower and lower, which has a negative impact on the service I get: “no speak English” drivers, unpredictable ETA, missing appointments, waiting 4mins to be connected to a driver to then get a timeout of the request. If there’s something to be worried about the business model, in my opinion, the quality of the service, the experience customers get, is what I worry most... and drivers are key
    May 84
    • Akamai Technologies VmQQ44
      I get what you’re saying but I prefer they don’t speak English so I don’t have to talk to them. Isn’t this the whole appeal of driverless car service? I look at non-English speaking drivers as the stepping stone.
      May 8
    • Uber lost a $B
      I love all the negative impact you listed. Before Uber, people pray for that level of services. 4 minutes to be connected to a driver is godspeed even in NYC back then. See how much our life has changed now that we are actually complaining about it. The drivers want to go back to the old days.
      May 8
    • TuneIn iiipo
      There are higher tier services, you may find them up to your standard.
      May 8
    • Autodesk DouP01
      It’s a chance for people who don’t speak English to find a reasonably paying job. Get off of your high horse.
      May 8
  • Juniper / Datablueiron
    It is not about protesting low pay. It is about protesting unfair pay. Protesting low pay is what Uber wants you to believe. The major problem is with Uber Pool. Uber takes a 30% cut from regular rides. You can argue about it but that’s reasonable. The problem with Uber Pool is that it doesn’t work the same way. Uber has some skewed (in their favor of course) way to calculate how much drivers get and that is hurting them badly. I heard multiple complaints from multiple Uber drivers how Pool pays them very low. They want Uber to have a reasonable, fair, transparent and easy to understand fare sharing mechanism and I don’t think that’s a big ask. Yes, they expect to see an increase in their income too but it is because they believe Uber’s policies are flawed.
    May 95
    • Akamai Technologies VmQQ44
      It’s an industry standard that cosmetologists pay the salon they work at 50% of their earnings so 30% isn’t that much by comparison.
      May 9
    • Akamai Technologies VmQQ44
      In consulting, many companies charge 2-10X what they actually pay their consultants. So getting 70% again seems like a good split.
      May 9
    • Akamai Technologies VmQQ44
      You’d have to ask someone @TekSystems but I think 30% and possible more is the standard commission to the agency when you’re a contractor.
      May 9
    • Uber bkhfdg
      Define “unfair pay” objectively and measurably.
      May 9
    • Facebook / Eng
      baldnshort

      FacebookEng

      PRE
      Facebook
      baldnshortmore
      Yup. Uber should charge it's passengers much much less and pay it's drivers much much more.
      May 9
  • Autodesk NewBoo
    When the f will people understand some jobs are not worth $25/hr. Its not the company or the govt jobs to ensure they get a certain amount of money. It's the individual's responsibility. I mean isn't that what everyone here does, if underpaid, git gud and get paid more. It's economics. If enough people leave, suddenly market factors force companies to pay more. Also, to be frank if everyone earns at least earns 25/hr, suddenly 25/hr is worthless. Just like 100k is shite in Bay area.
    May 82
    • LinkedIn Zeiwkf5
      Who is saying anything about $25/hour. If you factor in the cost of the car, drivers are making nowhere near that much.
      May 8
    • Autodesk NewBoo
      Umm it's part of the demands? That Uber Lyft guarantee 28/hr
      May 9
  • Google AI Snot
    Uber (currently) is a bad business model. They are losing billions, despite their scale. Their IPO filings does not indicate an easy or quick path to profitability. Drivers are commodities in the Uber or Lyft ecosystem, something to bear until automated cars can make their models viable. These protests are more likely symbolic, not likely to affect the IPO premium. Worst case it affects customers, who look at other options to commute during morning commute hours. This is a lose-lose business, and when Uber and Lyft raise prices, the customers will lose too.
    May 82
    • Amazon / Product
      logistics

      AmazonProduct

      BIO
      Formerly employed at 21st century buggy whip maker and now enjoying business at the speed of light.
      logisticsmore
      This sounds great, where do I send my money?
      May 8
    • Google AI Snot
      Binance. They got hacked and lost 7000 bitcoins.
      May 9
  • Microsoft It’s me
    They want $25/hour
    May 81
    • Qualtrics ❄️IsComing
      In NYC they get that. They still called for strike today citing job security. Sorry, the only thing made Taxi service so bad for so long was the job security!
      May 8
  • Facebook Omzh16
    Lol I almost forgot how shitty tech is about paying people a living wage and valuing workers.

    Literally Uber/Lyft wouldn’t exist without having a huge workforce of people Uber/Lyft have conveniently decided aren’t actually employees. So not only do they get paid for shit, but then Lyft/Uber is such a shitty business that even with cutting their backbone’s pay they STILL have to subsidize every ride to a wild degree. And they’re trying to hard to ride the wave until driverless cars get here, which will likely not happen in any meaningful way for who knows how long. Uber/Lyft are gonna leave a bunch of workers in the dust because some Silicon Valley dorks were like “what if cabs but different and also we were the only game in town”

    I hope this works out for the drivers. I don’t think it will, just like the walkouts didn’t do much at Google, and I doubt the walkouts at Riot did anything either, but I hope this comes to a tipping point soon.
    May 87
    • Intuit readyTo🔥
      The party ends when investment capital dries up and investor press for profits before fully autonomous vehicles arrive.

      The demand for Uber/Lyft will drop substantially when the fare subsidies go away. Unless there’s a large market of price insensitive riders, which I doubt.
      May 8
    • Pandora xorba
      Unfortunately with them going public and retail investors not being educated will end up holding the bill. Private Investors will get their money back.
      May 8
    • Intuit readyTo🔥
      Retail investors aren’t market makers but I agree they could get burned

      But maybe we look back in 10 years and are envious of those who bought Uber
      May 8
    • Pandora xorba
      In 10 years you will be envious of the whole market.
      May 8
    • Intuit readyTo🔥
      That’s why I’m all in on VTSAX. Day trading is too much effort. I have other things to put my energy into. Passive investing lets me automate and autopilot it.
      May 8
    • Pandora xorba
      Have a look at Vanguard Technology ETF
      May 8
    • Intuit readyTo🔥
      Nah it’s a decade too late. I don’t think the returns on tech will be as good for the next decade vs. total market
      May 8
  • Uber HelloNYSE
    Don’t get their logic. Not happy with pay? Find another job? Why is it the responsibility of the marketplace to provide higher pay assuming the minimal wage have been satisfied?
    May 96
    • Intuit readyTo🔥
      You don’t get what it’s like to be poor. They have no leverage or wealth to access higher education and better themselves.
      May 9
    • Akamai Technologies VmQQ44
      @readyTo that’s nonsense. There’s plenty of people who have achieved the American dream through blood, sweat, and tears. People willing to do whatever it takes will always have the opportunity to achieve. The problem is people have gotten lazy and dependent on the government, often repeatedly making bad choices.
      May 9
    • Intuit readyTo🔥
      That’s not true. Not everyone can be successful. In a winner-take-all model, not everyone can be a Zuck or a Bezos. We can’t all be billionaires.
      May 9
    • Uber HelloNYSE
      @readyTo yes but do you protest to get them send you their asset?
      May 9
    • Intuit readyTo🔥
      Pitch forks might be more effective. I mean, look at what happened to the French when inequality got too out of hand. I’m not saying we’re there yet, but if trends continue we eventually will.
      May 9
    • Akamai Technologies VmQQ44
      Again @readyTo you’re talking nonsense. If disrupters have shown us anything, it’s that nothing is forever. Also you don’t need to be a billionaire to achieve the American dream.
      May 9
  • Google / Eng
    Magagaga

    GoogleEng

    PRE
    Amazon, Qualcomm
    Magagagamore
    Drivers want Uber to pay like a full-time job when Uber and Lyft never advertised themselves as full time employers. The whole point of Uber and Lyft was that it would be a side hustle. Can't help it if idiots with no job skills and intelligence thought this was a alternative to buying a taxi medallion.
    May 80
  • New / Biz Devstarlord42
    Yawn. They strike, someone else boots up they app and drives in their place. The whole premise of Uber driving is that you're free to start/stop anytime. You don't owe the company anything and they don't owe you anything. Don't like that arrangement? Then don't drive for them...
    May 80
  • Cruise Automation / Engoyvey
    Fake news. The only people outside of Uber HQ were reporters today
    May 80
  • PagerDuty / OtherSjzueuxh
    They’re mad now? Wait until they are replaced entirely by self driving cars.
    May 80
  • Intuit readyTo🔥
    Uber stock will drop tomorrow but it won’t be due to protests
    May 82
    • Uber kshwjfjf
      Let's see
      May 9
    • Amazon / EngNutelIa
      It will drop to $30, and it won’t be due to protests.
      May 12
  • Microsoft
    Tier 1

    Microsoft

    BIO
    #1 in Prestige
    Tier 1more
    As some drivers protest, the price Uber offers to other drivers to drive will rise, and more drivers will stop protesting.
    May 80
  • Microsoft TonyM
    It’s hilarious when people protest their jobs. Just quit..and do something else. Free market.
    May 80
  • Salesforce namehere1
    Emmm they should just get a job. If you have time to hold up picket signs, you will have time to find a job that pays.
    May 84
    • Intuit readyTo🔥
      Not everyone has years to develop marketable skills like the fortunate among us here
      May 8
    • Intuit readyTo🔥
      The type of person driving for Uber, you think they can code (currently)? I’m not saying they’re incapable. I’m saying they’d be working for a better wage if they could.

      Most people driving Uber and Lyft are in financially a place you don’t want to be. It’s hardly profitable and more like borrowing from the value of your vehicle, due to the depreciation from the miles you put on while driving for ride share.
      May 8
    • Salesforce namehere1
      Exactly my point readyToFire. Uber is like a cash loaning company, they should move on to something else instead of protesting to the devil. Uber will die naturally without drivers supporting them. Devil doesn’t have empathy and they are expecting the world to change for them? Go out and work multiple jobs or something, I’m not even saying they need to code, just don’t waste time picketing. Go be productive.
      May 8
    • Clover Health sinkinship
      Hilarious coming from your privilege.
      May 10
  • New / EngSharmaG
    This situation is so sad. Able bodied people who deliver value aren't able to make a living and a transformative company can't afford to pay them. Both parties have legit arguments -- the situation just blows.
    May 83
    • Intuit readyTo🔥
      It turns out there’s an upper limit to the amount of wealth Silicon Valley can suck out of the middle class.

      Well, they brought their vacuum and are going through your couch cushions. That’s basically what Uber is. A really opaque way to take money from financially fragile drivers.
      May 9
    • Autodesk NewBoo
      A really opaque way to take money from financially fragile drivers. - Intuit employee. Ohh the irony.
      May 9
    • Intuit readyTo🔥
      Intuit is also part of Silicon Valley ya dummy. Please re-read my comment.
      May 9
  • Took uber 4 times today, saw no differences in pickup ETA.
    Where is the strike everyone keeps talking about?
    May 83
    • Intuit readyTo🔥
      The media is the one talking about it. Gotta get clicks. Nobody is seriously concerned with this.

      It’s at best commentary on the wealth inequality tearing the middle class into two.
      May 8
    • Uber Yol0$
      Most drivers don't care or have the time. They're hussling and making supplemental income to feed their families
      May 8
    • Uber kshwjfjf
      Ofc if others are striking, that means higher wages for them
      May 9
  • Facebook
    B13captain

    Facebook

    BIO
    New grad with 10yoe
    B13captainmore
    Hope that driverless stuff works out for y’all
    May 80
  • Amazon KULL00
    It will hit Lyft much more than Uber. The US is not nearly as important to Uber as it is Lyft.
    May 80
  • Microsoft / MgmtDunph
    The only impact is it could affect short term invester sentiment which would have limited impact
    May 80
  • Amazon ⚛️
    The number one thing I'm taking away from this thread is that Blind needs way more leftists
    May 86
    • Google balin
      Leftists don’t need blind.
      May 9
    • Amazon KULL00
      What is a “leftist”?
      May 9
    • Amazon KULL00
      Nevermind:

      “Left, In politics, the portion of the political spectrum associated in general with egalitarianism and popular or state control of the major institutions of political and economic life. ... Socialism is the standard leftist ideology in most countries of the world; communism is a more radical leftist ideology.” - Brittanica
      May 9
    • Uber bkhfdg
      Egalitarian in outcome or opportunity?
      May 9
    • Amazon KULL00
      No idea - I can’t relate.
      May 9
    • Amazon ⚛️
      @bkhfdg most leftist stances would probably say "both". But mainly I'm just reacting to all of the "so what, they should get another job. It's not meant to be a career" takes. Both of our companies would be treating us the same as their drivers of warehouse workers if the market supported it. I'm just surprised to see not that much solidarity among the people here for other workers.
      May 9
  • Nvidia bdei51
    I tried Uber this morning and it kept telling me that it cannot match me to a driver even though I tried multiple times so I switched to Lyft. This shit seems real.
    May 83
    • Akamai Technologies VmQQ44
      Nah just bad cell reception ;) Other than you, I’ve seen no reports of being impacted and an Uber employee confirmed it was a non-event where they didn’t even see surge pricing.
      May 8
    • Uber GrwTrs
      Do you live in rural Nebraska?
      May 9
    • Nvidia bdei51
      No Santa Clara, so your app sucks. And Lyft worked fine.
      May 9
  • New / Engna206
    I think depending on the area they make a killing. I drive a 16 Lexus es300h and my Uber driver picked me up in a 19 same model. Ask how much he was pulling In. Said about 70k a year. Some math from number of rides and median Uber price in Vegas checked out. Idk. It’s hard to really see if people aren’t making enough or not
    May 82
    • Uber bkhfdg
      One of the big problems I see if that no journalist ever investigates the costs of the “struggling” drivers they talk to or talk about.

      Are these single people with no costs other than their own? If so, their complaint might seem more valid.

      Are they married with kids? Are they sending money abroad to support relatives in their home country? If either of these are true, then it means they are actually doing quite well as drivers, but complain just like every other worker including software engineers. Almost everyone wishes they were paid more.

      Are they driving a fuel efficient car or a gas guzzler? If they aren’t driving a fuel efficient car and the can’t make ends meet, that’s their problem, not Uber’s. Not every vehicle should be profitable for ridesharing unless the rider is willing to pay more to get a driver with that vehicle with a higher cost of operation and ownership.

      I want to see the actual finances of drivers. Until then this is all noise.
      May 8
    • Autodesk DouP01
      These reports on how little drivers make are mostly bs to support a narrative. They factor ridiculous cost in. Lol if I worked in a job that makes 70k a year in the Bay Area i ain’t getting my car detailed for $100 every week. I’d vacuum my own car thank you very much.
      May 8
  • Intel apsodj
    It will accelerate autonomous driving by years.
    May 81
    • New hqWe60
      cut out the middle man
      May 8
  • Uber kshwjfjf
    Those striking probably didn't get any of the 300 million dollar incentive we gave out
    May 90
  • Microsoft / Sales
    FUPM

    MicrosoftSales

    PRE
    Connection, Allstate Financial Services, LLC
    FUPMmore
    And for some reason it's ok for cities to charge hundreds of thousands for taxi medallions... as if anyone could afford to be self employed as a cabby. But Uber is ok to go after. They chose to become uber drivers if they dont like the income do something else
    May 80
  • Boeing Airbus
    No one is forcing them to drive for Uber. If they are unhappy, get new job. Dont screw it up for millions of other people
    May 80
  • Pandora xorba
    Lol the Uber board and for that matter corporate America will laugh if they read this discussion. They are busy ringing those billions while the peasants fight with each other on trying to figure if people should be paid a living wage.
    May 80
  • Oracle Reki2019
    If you have to ask you're part of the problem.
    May 80
  • New Gjoq36
    Not sure if the protests have any impact but ... Uber IPO is 3 times oversubscribed as of now, whereas Lyft IPO was 20 times oversubscribed. Investors are realizing that even with the driverless cars, they (or someone) has to spend a lot to maintain fleets of cars like the rental car companies. Let's see where this cheaper than cost price of rides business go in the long run. In the meantime make some money by shorting these stocks and/or save some money by using their services subsidized by VCs.
    May 83
    • Uber bkhfdg
      If Lyft investors knew what they know now, it would have been undersubscribed. 3x oversubscribed after adjusting for more conservative numbers and still pricing at middle of range is an attempt to get to a more realistic value that trades sideways or up in the short term.
      May 8
    • Qualtrics ❄️IsComing
      What investors know now that they didn’t know before??? Lyft’s quarterly report came out this week and no other bad news since IPO. If you are counting on hype then you are not an investor
      May 8
    • Uber is now about 5 times oversubscribed. Alibaba was 10 times oversubscribed for an IPO of double that size. Let's see if Uber also crashes and burns like Lyft or Snap. Get ready for shorts.
      May 9
  • Amgen Mrmephisto
    It’s a safety net or side hustle not a career. If I got laid off tomorrow the first thing I’d do is sign up for Uber and Lyft while I polished up my resume. I’m all for Uber taking less of a cut than 25% though.
    May 90
  • Microsoft
    dynamo9

    Microsoft

    PRE
    Startups.co, Amazon
    BIO
    Cloud architect customer facing
    dynamo9more
    It is about the reduction in pay guys.
    May 80
  • Pandora joystick
    Investors will be betting on autonomous driving long-term. No impact.
    May 81
    • Nvidia ECTT56
      Can't gut the business as it exists now though. No robots on the road yet and won't be for a while.
      May 8
  • Zillow Group hot stuff
    A uber driver told me now uber takes more than 30% cut
    May 100
  • NetScout / Engbatua
    Start listening to npr...
    May 80

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