The Uber strike should worry investors and the company because it points to a fundamental problem with its business model
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External Link : https://www.businessinsider.com/uber-strike-highlights-basic-flaw-in-its-business-2019-5?r=US&IR=T
The Uber strike should worry investors and the company because it points to a fundamental problem with its business model
Uber and Lyft are losing lots of money despite paying their drivers poverty wages. Neither situation is sustainable.
techwizardry
If driving for Uber doesn't make you money, why continue to do it? I think it's clear at this point that it doesn't. These people are independent contractors, they do not receive wages. Why do people latch onto them, and then complain when they don't get the expected outcome? Find something else, Uber will be forced to adjust or die. In either case Uber owes these people nothing.
Wow the problem of Uber is large.
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