“Gig Economy” Drivers Strike Worldwide Ahead of $90 Billion Uber IPO

HeadlineMay 09, 2019

Drivers with the ride-hailing services Uber and Lyft went out on strike in cities worldwide Wednesday to protest low wages and poor working conditions. Drivers in Los Angeles, London, Melbourne, São Paulo, New York and other cities temporarily halted work to demand Uber and other ride-share companies like Lyft treat drivers like full-time employees rather than independent contractors. This is Janet Kwon of the New York Taxi Workers Alliance.

Janet Kwon: “So, right now the amount that passengers pay isn’t regulated. That needs to be regulated; 80 to 85 percent needs to go to the driver because they’re the ones doing the work. We also want to stop unfair deactivations, where drivers are just, you know, basically fired without any just cause.”

The strike came just days before Uber is set to go public valued at an estimated $90 billion—which would make it one of the largest initial public offerings in U.S. history. We’ll have more on the Uber and Lyft strike later in the broadcast.

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