ReutersMay 04, 2019 03:07:44 IST
By Joshua Franklin
NEW YORK (Reuters) - Uber Technologies Inc's
The protests underscore the challenge for Uber of finding a way to lower driver costs in order to become profitable and paying drivers enough to retain their services.
Drivers for Uber, as well Lyft Inc
The drivers join peers in San Francisco, Chicago, Los Angeles, San Diego, Philadelphia and Washington DC who are also planning to strike.
The New York Taxi Workers Alliance (NYTWA) said the drivers are demanding job security, livable incomes and a cap on the amount ride-hailing companies can collect from fares.
"Uber claims that we are independent contractors even though they set our rates and control our work day," Sonam Lama, a NYTWA member and Uber driver since 2015, said in a statement.
"Uber executives are getting rich off of our work. They should treat us with respect. We are striking to send a message that drivers will keep rising up," Lama said.
Uber cautioned in its IPO filing that its business would be "adversely affected" if drivers were classified as employees instead of independent contractors.
The company hopes to be valued at between $80.5 billion and $91.5 billion. Uber has yet to turn a profit. It reported a net loss for the first quarter of 2019.
"I voted to go on strike because drivers need job security," said Henry Rolands, an NYTWA member and Lyft driver.
Uber and Lyft did not immediately respond to requests for comment.
(Reporting by Joshua Franklin in New York; editing by Bill Berkrot)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Tech2 is now on WhatsApp. For all the buzz on the latest tech and science, sign up for our WhatsApp services. Just go to Tech2.com/Whatsapp and hit the Subscribe button.