What’s this Uber protest?

Airbnb GpHY52
May 8 341 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 341 Comments
  • Uber / Data bYxS45
    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 8 50
    • 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

      Microsoft Sales

      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 8 87
    • Slack / Eng
      cheeseeate

      Slack Eng

      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 8 14
    • 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.

    • 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
    • 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 8 0
  • LinkedIn jsnewbie
    You know things are F-ed when an Amazon guy is talking about empathy towards workers
    May 8 5
    • eBay / Eng
      mDBW53

      eBay Eng

      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 8 3
    • eBay / Eng
      mDBW53

      eBay Eng

      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

      eBay Eng

      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 8 16
    • 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 8 19
    • 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 8 12
    • 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 8 13
    • Groupon / Eng sleepy
      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 8 0
  • 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 8 0
  • 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 8 4
    • 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 / Eng sleepy
      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 8 1
    • 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 8 4
    • 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 / Data blueiron
    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 9 5
    • 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

      Facebook Eng

      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 8 2
    • 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 8 2
    • Amazon / Product
      logistics

      Amazon Product

      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 8 1
    • 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