Uber drivers strike ahead of impending IPO

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Uber drivers strike ahead of impending IPO
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Uber drivers strike a day ahead of anticipated IPO pricing

Ride-hailing drivers across the world went on strike on Wednesday, ahead of Uber Technologies Inc.’s UBER, +0.00% initial public offering, which is expected to price on Thursday.

Tomorrow, join me in standing with Uber and Lyft drivers. Uber is a multibillion-dollar company. Its top five executives made $143 million last year. Their drivers should not be getting pay cuts—they deserve a living wage and decent benefits. https://t.co/JM1rAo0L8t — Jeremy Corbyn May 8, 2019 Drivers detailed their experience with Uber’s commissions, while customers voiced their support. Uber, like many other gig-economy companies, categorizes its drivers as independent contractors, which reduces the company’s obligations to give the workers benefits or cover them for gas and insurance.

— Hanif Y May 8, 2019 It’s cold, wet and rainy. I’m exhausted I’m on my way to the hospital. Would usually get an Uber but today I’m leaving a bit earlier to get a bus. #Solidarity #UberShutDown https://t.co/GcmKVeGD2l

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