- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Uber CEO says they will probably shut down temporarily in California
Posted on 8/13/20 at 10:17 am to Janky
Posted on 8/13/20 at 10:17 am to Janky
quote:
There is no way Lyft and uber can be profitable if they have to treat drivers as employees.
That's the thing. The drivers are independent contractors under the law--not employees. The CA injunction is absurd.
0
Posted on 8/13/20 at 10:18 am to Gee Grenouille
quote:
them cab unions though
This
Posted on 8/13/20 at 10:28 am to LNCHBOX
quote:
They have all sorts of physical assets. Obviously they need corporate space, but then there are hubs in many cities. Costs to pay developers for updating and improving the experience. The costs to carry insurance while all drivers are active. All the marketing/materials necessary to keep up. All of that has very real costs. It's not like they just made an app and provide no support to the drivers.
I get that. It just seems like they should have far less expenses compared to, say, Target, which has to have physical stores, physical goods, real employees (not independent contractors), plus all of the corporate and office space, but Target has been profitable for years and years (maybe less so lately) while I’ve always heard that Uber is struggling just to survive.
Posted on 8/13/20 at 10:30 am to zacata88
Don't underestimate the legal costs and under the table costs of fighting the cab unions/owners.
Posted on 8/13/20 at 11:19 am to LoneStar23
shite. I'm going to Napa in 2 weeks and I really don't want to be driving shitfaced to and from the vineyards.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News