[MHR]

"May 9 (Reuters) - Uber Technologies Inc (UBER.N) will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi."


"Uber said last week its driver base is at a post-pandemic high, and the company expects this to continue without significant incentive investments, a sharp contrast to rival Lyft Inc (LYFT.O) which has said it needs to spend more for labor."


The full article can be found at

Uber to cut costs, slow down hiring, CEO tells staff

Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, according to a letter from Chief Executive Officer Dara Khosrowshahi seen by Reuters.

www.reuters.com

 

[_Tron_]

Lots more ants spotted in my locale. That's the nice thing about incentives vs. base pay. You can turn them on and off.

Sidebar: Let's start a poll as to when MHR is going to update her sig line. Hee hee.

 

[TheRealGnash]

View attachment 656897​

"May 9 (Reuters) - Uber Technologies Inc (UBER.N) will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi."


"Uber said last week its driver base is at a post-pandemic high, and the company expects this to continue without significant incentive investments, a sharp contrast to rival Lyft Inc (LYFT.O) which has said it needs to spend more for labor."


The full article can be found at

Uber to cut costs, slow down hiring, CEO tells staff

Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, according to a letter from Chief Executive Officer Dara Khosrowshahi seen by Reuters.

www.reuters.com

Lyft promos are bad. Maybe I don’t get good offers because I’ve been doing Uber.

 

[25rides7daysaweek]

Lyft promos are bad. Maybe I don’t get good offers because I’ve been doing Uber.

Maybe you've been doing uber cause lyfts suck.

 

[W00dbutcher]

Because now it's a privilege to be hired as an uber driver!

 

[SuperStar3000]

... and the company expects this to continue without significant incentive investments...

Nothing new about this

Hello, fellas!

Who's excited about our IPO!? Let's hear it from our dedicated drivers.

www.uberpeople.net

 

[Whosyourdaddy]

We are getting an incentive... 45 cents a ride..gee in 1923 i could have gotten TWO CUPCAKES with cherrys 🍒

 

[MHR]

Nothing new about this
View attachment 657805

Hello, fellas!

Who's excited about our IPO!? Let's hear it from our dedicated drivers.

www.uberpeople.net

That wasn't the real Dara but yeah, pretty sure the real one thinks similarly.

 

[Be Right There]

Nothing new about this
View attachment 657805

Hello, fellas!

Who's excited about our IPO!? Let's hear it from our dedicated drivers.

www.uberpeople.net

After clicking on that thread, I have to admit that was one of the better attempts of trolling.

 

[[email protected]]

No. UBER is dying . They announced that there will be fewer incentives for drivers. It's not the numbers of drivers . It's Them making too many management mistakes. And THATS NOT DRIVERS FAULT. DONT BLAME ON DRIVERS. BLAME YOURSELF, MANAGEMENT!

 

[W00dbutcher]

No. UBER is dying . They announced that there will be fewer incentives for drivers. It's not the numbers of drivers . It's Them making too many management mistakes. And THATS NOT DRIVERS FAULT. DONT BLAME ON DRIVERS. BLAME YOURSELF, MANAGEMENT!

We all know uber press releases are subterfuge. So what's the game on this one.

 

[Boca Ratman]

More drivers mean a more reliable service. A more reliable service means more riders. More riders means rate cuts. Rate cuts mean more riders.

All that mean more money for drivers!

 

[[email protected]]

More drivers mean a more reliable service. A more reliable service means more riders. More riders means rate cuts. Rate cuts mean more riders.

All that mean more money for drivers!

Naw. you forgot how much percentage those rideshare corps takes.
And its has changed and increasing since I started driving for them .
Used to be 65% to drivers 35% to them . Now ? Lamo 🤣😱😭