Drivers for ride-share companies Uber and Lyft are planning strikes this week in several cities as the controversy around the two companies' massive IPOs heat up.
The strike comes ahead of Uber's IPO filing, which advocates say highlight the poor working standards and pay structure that the company has in place for drivers.
On Wednesday, May 8, drivers in Chicago, Los Angeles, San Francisco, and New York, are planning to strike between 7 a.m. and 9 p.m., according to anDrivers in New York coordinated the strike with the New York Taxi Workers Alliance, writing in an announcement that their demands job security, livable incomes, and capping the companies' commission to guarantee 80-85% proceeds from the far to the driver.
"Wall Street investors are telling Uber and Lyft to cut down on driver income, stop incentives, and go faster to Driverless Cars," Desai said."Uber and Lyft wrote in their S1 filings that they think they pay drivers too much already. With the IPO, Uber's corporate owners are set to make billions, all while drivers are left in poverty and go bankrupt."
"I'm striking for my kid's future. I have a 5-year-old son, and I drive for Uber to support him. But it's becoming harder and harder," Lama said on
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