“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.world
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      11 months ago

      Uber and DoorDash have backed themselves into a corner. VCs poured so much money into them and even with the pandemic giving them a golden goose for deliveries, they still couldn’t generate a profit.

      Uber literally finally just made a profit this last quarter after 14 years of losing money, so I doubt the board is incentivized to cut the small profits they finally reached.

  • Peaty@sh.itjust.works
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    11 months ago

    Has Uber been profitable yet? Should they persist destroying middle class livery jobs if they cannot he profitable?

  • Sarsaparilla@kbin.social
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    11 months ago

    I’ve never seen any company choose lower profit as part of reform … only pathways to exponential increase in profit is ever considered.