Quote (Crunkt @ Jul 7 2023 08:40pm)
Uber has a failing business model and they are currently exploiting workers to the tits.
Its a failing business model.
a better company with a better business model will replace it
thats how catpitalism works
again you are complaining about having to pay normal people LIKE YOU more wages.
stop defending a company that made over 32 billion dollars in revenue last year.
The arent operating at a profit because the ceo pays themself half a billion. pay attention.
Not me, because I don't work in food delivery.
I could buy a million hotdogs and sell them at a 10 cent loss. My revenue would look great and I'd be bleeding money. That just about sums up Ubers situation.
https://finance.yahoo.com/quote/UBER/financials?p=UBERUber provides these individuals the opportunity to make extra money on the side in their spare time. Without Uber, they'd be earning nothing. If you want to establish basic rules around employment, that's fine. Establishing a $17 minimum wage for food delivery will crater the demand for food delivery. I certainly won't pay for it. As a result, most of these individuals who earn extra money now, money that supports their families, will not earn it in the future. That's the reality of what you're promoting. So what's the benefit? I assume you've done the cost benefit analysis or you wouldn't be pushing for regulatory changes that impact peoples lives.