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by sschueller
1051 days ago
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So you have a profitable company but at what cost? These drivers are working at slave wages unable to pay into any retirement funds or have health insurance. In countries where there was a reasonable taxi system uber gutted them and went around regulations taking away the few guarantees the people had like a retirement and sick leave. In the end we the tax payer have to help these people down the road when they get sick or old and all of this for the profit of a few share holders. In Switzerland Uber still owes drivers half a billion Swiss Francs in unpaid wages/retirement and sick leave. Where do people think this missing money will come from when these people need it later on in life? |
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Drivers were generally very happy about their Uber earnings. When I realized it I bought shares and they are now at +60% over the buying price.
Let’s just be careful with pre-digested narratives. I am not saying that every driver is happy. But many are certainly quite happy!