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Uber Is Locking Out NYC Drivers Mid-Shift to Lower Minimum Pay
(Bloomberg) -- Uber Technologies Inc. has begun locking New York City drivers out of its app during periods of low demand in an attempt to fight a minimum wage rule, and Lyft Inc. is threatening to do the same. As a result, some drivers say their wages have fallen by as much as 50%.Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Raises $5.3 Billion in Biggest Hedge Fund Debut Since 2018Nvidia Sales Grow So Fast That Wall Street Can’t Keep UpBuzzFeed Strug
(Bloomberg) -- Uber Technologies Inc. has begun locking New York City drivers out of its app during periods of low demand in an attempt to fight a minimum wage rule, and Lyft Inc. is threatening to do the same. Uber froze new driver sign-ups in April 2023 “largely due to” the New York City Taxi and Limousine Commission’s pay rule, according to a statement on the company’s website. In March, Uber and Lyft threatened to stop serving Minneapolis after city officials attempted to implement a driver pay raise equivalent to the minimum wage.
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