Uber and Lyft drivers are banding together to launch a strike on Wednesday in several major American cities. The strike comes just days ahead of Uber’s IPO launch, planned for Friday. The drivers are seeking better working conditions, higher pay and a cap on corporate commissions. Frustration among rideshare drivers has been exacerbated by controversial public offerings from Lyft and Uber. In their IPO filings, both companies have described drivers’ employment status and pay as threatening revenue. Meanwhile, drivers are divided on whether they should remain independent contractors or fight for the security of full-time employment.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.