Uber CEO Dara Khosrowshahi’s pay package has come under fire from a group of shareholders who are questioning why his sign-on deal potentially entitles him to $100 million while employees are facing layoffs in the wake of the Chinese virus pandemic.
Ride-sharing giant Uber has announced that it will be laying off 3,700 employees, or around 14 percent of its workforce, due to the drop in its business suffered during the Chinese virus pandemic.
In days past, if you were risking your life for low pay, that likely meant you were a soldier. The upside: survival skills, high status, a free college degree, and good benefits. These days, though, you can risk your life for low pay and get none of those benefits, as a member of the pandemic “Gig Economy.”
Rideshare company Lyft said it is laying off 982 employees, or 17 percent of its workforce, and is furloughing hundreds more due to financial pressure from the Chinese virus pandemic.
An Uber driver in Memphis, Tennessee, recently made it her mission to help feed healthcare workers fighting the coronavirus pandemic.
A recent report from AP News investigates how the Wuhan coronavirus pandemic has forced Silicon Valley’s most popular companies, including Airbnb, to face a number of harsh truths.
In a surprising turn of events, it seems that online meal delivery services are having a hard time dealing with the Wuhan coronavirus pandemic. Analysts at Deutsche Bank commented, “Whilst the COVID-19 outbreak could intuitively be seen as beneficial to online food delivery players, with millions of people under lockdown, we conclude that this is not the case.”
In a recent interview, billionaire short-seller Jim Chanos stated that gig economy companies such as Uber will be “harmed, not enhanced” by the Wuhan coronavirus pandemic.
Unemployment benefits will reportedly be extended to groups including gig economy workers like Uber drivers based on a bipartisan deal struck this week.
Ride-sharing giant Uber announced on Tuesday that it would suspend shared rides with strangers on its platform in the United States and Canada to limit the spread of the Wuhan coronavirus.
An Uber Eats driver allegedly kicked in a drive-thru window at a fast food restaurant in West Allis, Wisconsin, on February 23.
Investors fear that people will avoid movie theaters, concert venues, and gyms if the coronavirus hits the U.S. hard.
According to a recent study, ride-hailing trips with Uber and Lyft result in an estimated 69 percent more climate pollution on average than the trips they displace.
According to Uber’s fourth-quarter earnings released on Thursday, the company lost $1.1 billion for the three-month period but expects to be profitable by the end of 2020. Overall, the ridesharing company lost $8.5 billion in 2019.
Ride-sharing company Lyft is reportedly putting together a council of experts to advise the company on various safety initiatives for passengers. The “Safety Advisory Council” is being formed in response to many problems between drivers and passengers, including the rape and sexual assault of women — 14 rape victims have sued Lyft claiming their drivers sexually assaulted them.
Alvin Campbell Jr., the brother of Boston City Councilor Andrea Campbell, has been accused of posing as an Uber driver in order to sexually assault a woman.
An Atlanta, Georgia, woman’s dreams of going back to college are finally coming true thanks to the help of a good Samaritan passenger on an Uber ride who paid it forward.
Ride-sharing giant Uber and courier service Postmates have filed a lawsuit aimed at putting the brakes on California’s new law that will reclassify gig workers as employees, potentially burdening tech companies with millions of dollars in new personnel costs.
In a display of unapologetic defiance, Silicon Valley giants including Facebook and Uber are planning to ignore new California laws scheduled to take effect in 2020, laying the groundwork for a collision course between the tech giants and state lawmakers.
The online grocery delivery app Instacart is facing an internal rebellion among its sprawling network of gig workers who are unhappy about changes in compensation, including the company’s tipping policy.
A new Silicon Valley baby food delivery service has raised millions of dollars investors in a round of funding including high tech darlings Warby Parker and Harry’s. Yumi delivers fresh baby food directly to its customers as the Masters of the Universe hope to replace Gerber and other traditional baby food brands.
SAN FRANCISCO (AP) — Uber, as part of along anticipated safety report, revealed that more than 3,000 sexual assaults were reported during its U.S. rides in 2018.
The attorney general of Washington, D.C. has just delivered a lawsuit to DoorDash, alleging that the popular food-delivery company skimmed tips from its drivers and misled customers into thinking that their gratuities would end up in drivers’ pockets.
VICE News recently published an article outlining how progressive workers in Silicon Valley are fighting back against their employers.
Uber in France has joined the British branch of the company in introducing a new anti-discrimination button on its popular ride-sharing app
Uber has been ordered to pay close to $650 million in employment taxes in New Jersey after the state’s department of labor said the ride-sharing company misclassified its drivers as independent contractors, according to a Bloomberg report.
The CEO of ride-sharing company Uber has backtracked on his recent comments in which he referred to the murder of journalist Jamal Khashoggi by Saudi Arabia as a “serious mistake.” Saudi Arabia’s sovereign wealth fund is Uber’s fifth-largest shareholder.
Ride-sharing company Uber is being sued by a class of 96,000 NYC drivers seeking repayment for fees deducted from their fares.
A self-driving Uber car that struck and killed a pedestrian in March 2018 reportedly had serious software flaws including the inability to recognize jaywalkers, according to the National Transportation Safety Board (NTSB).
Shares of Uber Technologies Inc. plummeted in after-hours trading Monday and into Tuesday after the ridesharing company reported that it lost a whopping $1.16 billion in the third quarter, exceeding losses from the same quarter last year by 18 percent.
Food delivery services including GrubHub and Uber Eats are facing pushback from restaurants against the firm’s service fees.
An Uber driver in Columbus, Ohio, has been accused of raping a rider, reports say.
Uber, Lyft, and DoorDash have unveiled a new ballot measure intended to fight the recently passed California law that will re-classify gig economy workers as employees, potentially devastating their business models which rely on armies of drivers who are treated as contract workers.
Uber Technologies Inc. is laying off nearly 400 American employees at its California offices while seeking to import hundreds of foreign workers through the H-1B visa program.
Comedian Andy Dick has been charged with groping a ride-share driver’s crotch in a 2018 incident in West Hollywood, according to Los Angeles County prosecutors.
WeWork is the latest casualty of the IPO bloodbath.
According to a recent report from the Washington Post, ride-sharing company Uber prevented its own investigators from reporting crimes to the police.
Oracle CEO and influential Silicon Valley billionaire Larry Ellison is no fan of Uber, reportedly calling the ride-sharing company “almost worthless” at a recent talk.
California Gov. Gavin Newsom (D) has signed a controversial bill into law that would reclassify gig workers as employees, potentially disrupting the way numerous Silicon Valley companies including Uber and Lyft do business.
Uber struck a defiant note Wednesday, saying that it won’t reclassify drivers as employees despite a California law expected to take effect in January that would dramatically change the status of gig workers in the state. According to the company, drivers fall “outside the usual course of Uber’s business.”