Uber and Lyft will cease operations in Minneapolis in response to new minimum wage law, 10,000 drivers to be out of work...

[The Tradition]

Great job, dumb ass liberals....

Uber, Lyft Leave Minneapolis After New Minimum Wage Law Leaves 10,000 Out Of Work: 'We Are Disappointed The Council Chose To Ignore The Data'

Uber Technologies Inc. and Lyft Inc. announced they will cease operations in Minneapolis starting May 1, after the City Council overrode Mayor Jacob Frey’s veto and mandate that rideshare drivers be paid the local minimum wage of $15.57 per hour. After the veto, Uber said, “We are disappointed...

finance.yahoo.com

 

[Here_4_a_Day]

Great job, dumb ass liberals....

Uber, Lyft Leave Minneapolis After New Minimum Wage Law Leaves 10,000 Out Of Work: 'We Are Disappointed The Council Chose To Ignore The Data'

Uber Technologies Inc. and Lyft Inc. announced they will cease operations in Minneapolis starting May 1, after the City Council overrode Mayor Jacob Frey’s veto and mandate that rideshare drivers be paid the local minimum wage of $15.57 per hour. After the veto, Uber said, “We are disappointed...

finance.yahoo.com

They are marxists...MPLS is run by a marxist mob. This is what runs the city...something that considers gangs of ILLEGALS who steal fruit from food shelves and then sell it in the streets as unlicensed vendors, "entrepreneurs."

 

[Finance85]

Great job, dumb ass liberals....

Uber, Lyft Leave Minneapolis After New Minimum Wage Law Leaves 10,000 Out Of Work: 'We Are Disappointed The Council Chose To Ignore The Data'

Uber Technologies Inc. and Lyft Inc. announced they will cease operations in Minneapolis starting May 1, after the City Council overrode Mayor Jacob Frey’s veto and mandate that rideshare drivers be paid the local minimum wage of $15.57 per hour. After the veto, Uber said, “We are disappointed...

finance.yahoo.com

We've been told this type of thing wouldn't happen. We've been told that studies showed there was little impact relating employment to raising minimum wage.

 

[fsu1jreed]

Yes, let's fvcking forget this, so the liberals are bad NOT the companies stealing wages

The rideshare companies' decision to leave Minneapolis follows a significant legal settlement in November, where Uber agreed to pay $290 million and Lyft $38 million to resolve a multiyear investigation by the New York Attorney General’s office into wage theft, the largest settlement of its kind in the office’s history.

 

[Whiskeydeltadeltatango]

Give it 3 years and the war cry will be how under served these communities are.

 

[Here_4_a_Day]

Yes, let's fvcking forget this, so the liberals are bad NOT the companies stealing wages

The rideshare companies' decision to leave Minneapolis follows a significant legal settlement in November, where Uber agreed to pay $290 million and Lyft $38 million to resolve a multiyear investigation by the New York Attorney General’s office into wage theft, the largest settlement of its kind in the office’s history.

How does a company steal wages from an independent contractor? In MPLS, it's about a mob of marxists aka the city council, dictating to companies how much they are going to be forced to pay.

 

[ItsinourDNA]

Doesn't this open things up for a new rideshare business to operate? I guess we'll see if they can make it work

 

[fsu1jreed]

Doesn't this open things up for a new rideshare business to operate? I guess we'll see if they can make it work

Don't bring logic into this

 

[Finance85]

Yes, let's fvcking forget this, so the liberals are bad NOT the companies stealing wages

The rideshare companies' decision to leave Minneapolis follows a significant legal settlement in November, where Uber agreed to pay $290 million and Lyft $38 million to resolve a multiyear investigation by the New York Attorney General’s office into wage theft, the largest settlement of its kind in the office’s history.

You apparently don't believe there's such a thing as government extortion.

 

[OrlandNole]

In theory, a new provider model will emerge that finds balance between profitability, service and fair wages. We'll see if it happens in reality.

 

[fsu1jreed]

You apparently don't believe there's such a thing as government extortion.

Lmao....yes, it's that

 

[Here_4_a_Day]

Doesn't this open things up for a new rideshare business to operate? I guess we'll see if they can make it work

Business isn't really keen on expanding into areas/states that are marxist dictatorships.

 

[The Tradition]

Yes, let's fvcking forget this, so the liberals are bad NOT the companies stealing wages

The rideshare companies' decision to leave Minneapolis follows a significant legal settlement in November, where Uber agreed to pay $290 million and Lyft $38 million to resolve a multiyear investigation by the New York Attorney General’s office into wage theft, the largest settlement of its kind in the office’s history.

Keyword: New York.

 

[Whiskeydeltadeltatango]

I am someone who very much prides himself in finding multiple ways to generate income.


Question for anyone on the board:


You make a "good not great" level of income. You can pay youe bills but haven't been able to take the family on vacation in a couple years and decide to pick up Uber as some side income.


It's 1130 at night, you get a message a stranger needs a ride xx miles from downtown to their house. The trip should take you an hour between driving down to get them, dropping them off, returning home. How many dollars per hour would you require to go pick up that stranger and drive them to their home?

 

[The Tradition]

I am someone who very much prides himself in finding multiple ways to generate income.


Question for anyone on the board:


You make a "good not great" level of income. You can pay youe bills but haven't been able to take the family on vacation in a couple years and decide to pick up Uber as some side income.


It's 1130 at night, you get a message a stranger needs a ride xx miles from downtown to their house. The trip should take you an hour between driving down to get them, dropping them off, returning home. How many dollars per hour would you require to go pick up that stranger and drive them to their home?

Everyone will answer that question differently depending on how badly they need to make some money.

 

[Whiskeydeltadeltatango]

Everyone will answer that question differently depending on how badly they need to make some money.

Agreed.

What is your number?

 

[fsu1jreed]

Keyword: New York.

Yes, it's that...and Trump is being pick on too, right MAGA?

 

[FFRoadster]

I am someone who very much prides himself in finding multiple ways to generate income.


Question for anyone on the board:


You make a "good not great" level of income. You can pay youe bills but haven't been able to take the family on vacation in a couple years and decide to pick up Uber as some side income.


It's 1130 at night, you get a message a stranger needs a ride xx miles from downtown to their house. The trip should take you an hour between driving down to get them, dropping them off, returning home. How many dollars per hour would you require to go pick up that stranger and drive them to their home?

That’s for the government to decide, not an individual (sarcasm)

 

[THE_DEVIL]

https://finance.yahoo.com/news/uber-technologies-inc-uber-reports-121256107.html
https://finance.yahoo.com/news/lyft-full-2023-earnings-eps-102628700.html

 

[Whiskeydeltadeltatango]

https://finance.yahoo.com/news/uber-technologies-inc-uber-reports-121256107.html
https://finance.yahoo.com/news/lyft-full-2023-earnings-eps-102628700.html

Part of running a profitable business is limiting your exposure in non profitable areas. I'm sure "lyft" will have no problem maintaining profitability in markets worth being in.


Said differently:

Lyft is in business to make money, they are not in business to serve communities where their workers get robbed and present an overall drag on "employees". ( I'm assuming drivers are actually 1099 and not employees"

 

[General Tso]

I am someone who very much prides himself in finding multiple ways to generate income.


Question for anyone on the board:


You make a "good not great" level of income. You can pay youe bills but haven't been able to take the family on vacation in a couple years and decide to pick up Uber as some side income.


It's 1130 at night, you get a message a stranger needs a ride xx miles from downtown to their house. The trip should take you an hour between driving down to get them, dropping them off, returning home. How many dollars per hour would you require to go pick up that stranger and drive them to their home?

Enough to pay OP's mom

 

[Whiskeydeltadeltatango]

Enough to pay OP's mom

For a night... or your tab?

 

[FAUlty Gator]

Doesn't this open things up for a new rideshare business to operate? I guess we'll see if they can make it work

Don't bring logic into this

So, when the inner-city CVS closes down because of shoplifting and the uproar happens because of "food desserts" and such, the correct response is "Good riddance! Let a mom and pop store come in and fill that void and get robbed blind every day!" Logic indeed.

 

[abby97]

Yes, let's fvcking forget this, so the liberals are bad NOT the companies stealing wages

The rideshare companies' decision to leave Minneapolis follows a significant legal settlement in November, where Uber agreed to pay $290 million and Lyft $38 million to resolve a multiyear investigation by the New York Attorney General’s office into wage theft, the largest settlement of its kind in the office’s history.

ok, whatever you say. 🤔

 

[NewVicHawkeye]

Uber, Lyft, Angie- all leeches. Boo hoo blood suckers! Always deal with mom and pop businesses whenever possible.

 

[The Tradition]

Uber, Lyft, Angie- all leeches. Boo hoo blood suckers! Always deal with mom and pop businesses whenever possible.

There are mom and pop ride share companies?

 

[bhawk24bob]

I'm sure that some new or existing service will fill the void, and life will go on in the twin cities

 

[NewVicHawkeye]

There are mom and pop ride share companies?

Plenty of m&p cab companies.

 

[The Tradition]

Plenty of m&p cab companies.

Lol, no. The taxi cab business is rife with corruption.

 

[NewVicHawkeye]

Lol, no. The taxi cab business is rife with corruption.

What isn’t rife with corruption today? I’d rather give corrupt Fred the cabby my money than ship it off to unknown, unseen leeches who don’t do anything but suck blood.

 

[Jimmy McGill]

Both those companies can f themselves

 

[fsu1jreed]

So, when the inner-city CVS closes down because of shoplifting and the uproar happens because of "food desserts" and such, the correct response is "Good riddance! Let a mom and pop store come in and fill that void and get robbed blind every day!" Logic indeed.

Dude, this is an instance of companies that got caught stealing from their workers and here they just don't want to pay their workers a decent wage... that's it

 

[FAUlty Gator]

Dude, this is an instance of companies that got caught stealing from their workers and here they just don't want to pay their workers a decent wage... that's it

Ok. They’re gone now. The other poster seems to think that’s a good thing. I doubt the people who live there and those who were driving there agree with him.

 

[Jimmy McGill]

Ok. They’re gone now. The other poster seems to think that’s a good thing. I doubt the people who live there and those who were driving there agree with him.

There are plenty of taxis in the Twin Cities

 

[FAUlty Gator]

There are plenty of taxis in the Twin Cities

What app are they on?

 

[Jimmy McGill]

What app are they on?

Dude I lived there. I never had a problem getting one.

 

[desihawk]

Ok. They’re gone now. The other poster seems to think that’s a good thing. I doubt the people who live there and those who were driving there agree with him.

and bit of a pia for visitors. back to calling yellow cab i suppose

 

[FAUlty Gator]

Dude I lived there. I never had a problem getting one.

Yeah. I lived in cities with taxis too. Uber is a thousand times better/easier/cheaper. Tracking a car coming to get you while you stand inside of a lobby when it’s 10 degrees outside is underrated.

 

[The Tradition]

Dude, this is an instance of companies that got caught stealing from their workers and here they just don't want to pay their workers a decent wage... that's it

Such liberal nonsense.

"Wage Stealing" is a made-up term. The worker and the employer agreed upon a wage, or else the worker wouldn't be working. God forbid people be allowed to make their own choices without the nanny state deciding what's acceptable.

As far as a "decent" wage goes, again... you're suggesting that these drivers are forced to accept these wages and other terms and conditions. They're not. They're free to quit. But they don't! Why not? There are 10,000 in this city alone who presumably would like to continue driving, but will have to look for something else.

The real question is: would Uber and Lyft customers pay a fare that could absorb whatever a "decent" wage is?

My guess is they would not.

So the government know-it-alls are demanding Uber and Lyft make their service unaffordable. It's total and complete BS.

 

[millah_22]

There are mom and pop ride share companies?

Taxi companies