Ghostalmedia to

News@lemmy.worldEnglish • 1 year ago

Uber and Lyft are quitting Minneapolis over a driver pay increase

www.engadget.com

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Uber and Lyft are quitting Minneapolis over a driver pay increase

www.engadget.com

Ghostalmedia to

News@lemmy.worldEnglish • 1 year ago

Uber and Lyft say they're ending services in Minneapolis over a city-mandated driver pay increase. The city council pushed through the measure to bring driver pay closer to the local minimum wage of $15.57 an hour.

The city has just 39 licensed cab drivers.

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@iopq@lemmy.world
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1•1 year ago
Millions? That’s almost as much as they make in a day
- @rdyoung@lemmy.world
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  1•1 year ago
  Tell us you don’t understand gross revenue versus net profits without telling us.
  - @iopq@lemmy.world
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    1 year ago
    Uber increased the cash on hand by 139M in the 4th quarter, so they definitely make more than a million a day net profit

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