They certainly charge enough to pay these people that much, I can't find any concrete numbers but it seems like the consensus is that the ride share company takes between 25% and 75% of the ride profit. What a racket
this post was submitted on 30 Jun 2024
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And somehow still can barely break even.
AFTER paying shareholders. Never forget that.
Do they pay dividends?
No. They're apparently not profitable because they invest in smaller companies, hoping they'll go huge, and those companies haven't panned out.
If they would stop doing that, they'd be profitable.
So the comment I replied to is bullshit.
Yep
🐂💩
A girl I dated a few years ago basically went from gainfully employed to poverty without changing any of her behaviors thanks to Lyft just continuously sucking ass and reneging on every perk and pay structure. I have no idea what she's doing now but I doubt it's driving. I hope she's getting a fat settlement check.
This is HORRIBLE! How will they INVEST in their Workers if they are forced to PAY their Workers?
You don't invest in independent contractors, that's the disruptive part taps forehead
hope this doesn't impact the price of an Uber. they're already unaffordable as is