As Lyft and Uber launch IPOs, drivers send a message to investors
The rideshare company Lyft recently launched its public offering and Uber is expected to do the same this month. Some drivers on those platforms are taking this opportunity to tell the companies and investors that they’re getting organized and want to see improvements in their working conditions.
"We felt like it was almost a slap in the face that they were cutting our wages at the same time that they were preparing to make millions."
The group Gig Workers Rising formed last year to help drivers self-organize on a volunteer basis. It’s members want investors to know that they could pose a liability to the companies if conditions don’t improve. Rebecca Stack, a driver and leader with Gig Workers Rising, spoke about the organization and what the IPO launches mean for drivers like her.