Lyft and Uber say they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require ride-hailing services to increase driver wages to the equivalent of the local hourly minimum wage of $15.57.

Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of $15.57 an hour.

Lyft called the ordinance “deeply flawed,” saying in a statement that it supports a minimum earning standard for drivers but not the one passed by the council.

  • KevonLooney@lemm.ee
    0·
    8 months ago

    Yeah. And “dumb venture capitalists” describes Uber more than Lyft. They’re way more overextended.

    Food delivery? You want to compete against GrubHub, Doordash, Postmates, and local restaurant delivery drivers? It’s a losing business.