Uber drivers eye IPO riches, call for strike in US and UK : The Standard - News Summed Up

Uber drivers eye IPO riches, call for strike in US and UK : The Standard


Uber drivers eye IPO riches, call for strike in US and UKUber. Uber is paying more than a million drivers about over Sh30b (USD300 million) in one-time bonuses for instance, and has changed policies such as allowing riders to tip. In the United States, New York, Los Angeles, San Francisco, Chicago and several other major cities have planned activities. They have also devised more complicated formulas for determining what riders pay and what drivers earn. A study by left-leaning Washington think tank Economic Policy Institute calculated that after all costs and taxes, Uber drivers earned the equivalent of Sh900 (USD9.21) in hourly wages.


Source: Standard Digital May 08, 2019 06:56 UTC



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