Uber drivers go on strike in London, New York ahead of IPO, early protests sparse
5 years, 10 months ago

Uber drivers go on strike in London, New York ahead of IPO, early protests sparse

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Drivers protest the disparity between gig-economy conditions and the sums that investors are likely to make. Uber drivers in London and New York started a series of multi-city strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday’s blockbuster stock market debut. “I’m striking because Uber has broken their promises to drivers time and again,” said Syed Ali, an Uber driver and member of the striking New York Taxi Workers Alliance, in a statement. My condition as an Uber driver has gotten worse and worse.” Uber and Lyft have cut back on incentives and bonuses in more established markets to attract new drivers. But a study by left-leaning Washington think tank Economic Policy Institute calculated that after costs, Uber drivers earned $9.21 an hour.

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