Uber Drivers Forum banner
1 - 15 of 15 Posts

· Registered
Joined
·
48 Posts
Not on strike...............But not working that day for other reasons.
Just a question, how many drivers are in Pitt. that don't read this message board and know nothing about a strike? Will this strike even make a dent in the amount of drivers staying off the road?
I don't think so, but good luck with that.
 

· Premium Member
Joined
·
874 Posts
Anybody have any idea or guesses how many drivers will be striking in the Pittsburgh area?
Not very many. I'd previously guesstimated there could be 7,500-10,000 drivers in the Greater Pgh region (from full time to having a Driver account but not actively giving rides). Only maybe a couple hundred read this forum & there's no organization behind the strike beyond some press releases. Just a matter if any driver hears about it via the news media & feels some solidarity, which I'm sure most who've done this gig for a while & have experienced multiple pay cuts do (either from Uber cutting rates 5 times since I started, to over-recruiting drivers and thus oversaturating the market resulting in less pay).
 

· Premium Member
Joined
·
1,117 Posts
Oh well, didn't get out the door by 5:00 AM like I wanted, so I guess I'm on strike/protesting.

Maybe I'll be GH's and DD's b*^ch today. ?

Too new at this too remember the good old days, but U/L are really no different than the vast majority of huge corporations. They will all pay as little as they can get away with.
 

· Premium Member
Joined
·
874 Posts
I’d consider it a success if Uber looked at their numbers & saw revenue down 5-10% for the day, arrival times 5-10% higher & ‘no cars available’ 5-10% higher. It’ll let them know what’s up going forward. It got the attention of politicians who can help push legislation which is better terms for drivers & maybe it made some retail investors a bit hesitant to hit ‘buy’ on their stock today. I wouldn’t read a lot into an initial down turn in price. I think Facebook was down like 12% on their IPO & has since gone up 5x. It all comes down to how Uber delivers as a public company. Nice taking Wed. off. Gave a few rides last night & there’s one thing for certain: people love their dirt cheap min. fare, no tip rides & that’s definitely not changing anytime soon no matter how many I down rate haha.
 

· Registered
Joined
·
99 Posts
Agreed. I would add that markets are unforgiving, dispassionate vehicles of wealth creation and destruction. I suspect more accountability will come out of this float than has ever been seen from the regulators.

I've sunk a lot of money into companies, and in particular drug companies, and I am always amazed at how quickly they can get sued at the drop of a hat, when one of their drugs fail a trial.

The disclosure attachment to the prospectus put out by Morgan Stanley last night was a truly remarkable mea culpa, pointing to a multitude of sins. It may have scared off retail investors today.
 
1 - 15 of 15 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top