By CCN: Uber stock slumped toward a disappointing 7.62% loss following its blockbuster IPO on Friday, and the rideshare giant must now wrestle with an uncomfortable time bomb that has already started ticking. That time bomb? Driver compensation – and the backlash it has already begun to generate. Uber’s Alarmingly Low Pay Rate is Not Sustainable Two of Uber’s foundational resources are drivers and their vehicles, without which they cannot pick up passengers. For there to be a sufficient number of drivers, there must be enough incentive in the Uber pay scale to recruit them. In the early years, Uber
The post Uber IPO Ignites $70 Billion Rideshare Stock’s Ticking Time Bomb appeared first on CCN
source https://www.ccn.com/uber-ipo-ignites-70-billion-rideshare-stocks-ticking-time-bomb
READ MORE http://bit.ly/2vSlDsA
from Cryptocurrency News http://bit.ly/2Q02r5l
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://bit.ly/2G2HXWf Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!
No comments:
Post a Comment