Uber warning that food delivery prices could spike 85% shows gig workers are underpaid, experts say
www.theguardian.com
If Labor’s proposed workplace overhaul leads to higher delivery prices, it reflects ‘below-acceptable levels of pay’

“If platform companies are making a profit that relies on paying workers less, then arguably the difference could come out of the companies’ pockets, not the consumer’s.” “66% of full-time gig economy workers are earning below the minimum wage.”

  • joekar1990@lemmy.worldEnglish
    11·
    11 months ago

    While there may be some creative accounting for some things I think overall they don’t have a good handle on their cash flow otherwise they wouldn’t be in the news recently warning of spikes for delivery fees. Now that they showed profitability they need to continue to show shareholders they are a good bet.

    • antizero99@lemmynsfw.comEnglish
      1·
      11 months ago

      You need to learn how corporations actually operate. The shareholders should also abandon the vulture capitalist model because I can tell you as a driver that the future of uber is clapped out cars that haven’t been maintained and drivers that couldn’t get a job at McDonald’s.

      Again. Ubers situation is nothing like what they say they publicly and it’s more than just creative accounting.

      • joekar1990@lemmy.worldEnglish
        1·
        11 months ago

        In your opinion then where would be the best place to go educate myself about that then?

        I agree with you and think ubers economic moat will only continue to further dry up (unless by some miracle they get self driving vehicles before everyone else). Shareholders though aren’t going to abandon vulture capitalism though not as long as their portfolios continue to grow.

        • antizero99@lemmynsfw.comEnglish
          1·
          11 months ago

          I’m not sure where or how you can learn this. I know it from being alive and paying attention to the world around me. I also have been self employed most of my life and am just as much of a business geek as I am a tech geek.

          As for the abandonment of vulture capitalism. Of course it’s not going to happen, post Reagan this is the world we live in.