2019-05-08 12:05:23

Rideshare Drivers Strike Ahead of Uber IPO



GUEST: James Hicks, a rideshare driver and organizer with Rideshare Drivers United.

BACKGROUND: The rideshare app company Uber is making its Initial Public Offering (IPO) on Friday and is hoping for a whopping $91 billion valuation, which would make it the biggest such offering in years. The company has set aside about 3% of its shares for its drivers - a benefit only about a quarter of them will receive.

Uber and Lyft drivers have long been unhappy about their treatment at the company and have planned a 1-day strike on Wednesday May 8th, two days ahead of Uber's IPO. The strike is the latest action by drivers in cities across the country with the last one taking place on March 25th. This next strike will be organized by rideshare drivers in Los Angeles, New York, Chicago, and San Francisco.

Drivers Free Speech TV Gig Economy IPO Lyft Rideshare Rising Up with Sonali Sonali Kolhatker Strike Uber Workers' Rights

Economy

The Randi Rhodes' Show

Biden Addresses the Nation

Biden Addresses the Nation

The Randi Rhodes' Show

Uvalde, Texas and Beto O'Rouke

Uvalde, Texas and Beto O'Rouke

Rising Up With Sonali

New Oxfam Report ‘Profiting from Pain’ Aimed at Davos Elites

New Oxfam Report ‘Profiting from Pain’ Aimed at Davos Elites

The Randi Rhodes' Show

President Biden's Baby Formula Plan

President Biden's Baby Formula Plan

Related

The Randi Rhodes' Show

Five Dollar Friday

Five Dollar Friday

Rising Up With Sonali

Trump’s Criminality is Apparent. So Why No Charges?

Trump’s Criminality is Apparent. So Why No Charges?

FSTV Speaks

FSTV Speaks: Investing in the Planet

FSTV Speaks: Investing in the Planet

Rising Up With Sonali

Can We “Agree to Disagree” in Order to Save Our Democracy?

Can We “Agree to Disagree” in Order to Save Our Democracy?

Proud Partners