- cross-posted to:
- unions@lemmy.ml
- cross-posted to:
- unions@lemmy.ml
“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.”
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I hope Uber dies. They don’t actually deliver any value, they just run an app, which does things which are increasingly easy to do with a small staff.
They’re Netflix in 2014, it’s the taxi companies not fighting back with solid apps (like they have in Dublin) that enable Uber to extract so much money out of people.
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.
“Oh, c’mon. Let us make profit by exploiting regular people.”
Amazon is doing it. Why not us?
Has Uber been profitable yet? Should they persist destroying middle class livery jobs if they cannot he profitable?
Greedy capitalists are greedy. No surprises there.
I’ve never seen any company choose lower profit as part of reform … only pathways to exponential increase in profit is ever considered.
