Well we knew it was going to happen eventually, but now it’s official. On Monday, Lyft announced that they would be bringing back commissions in a revamped form that rewards drivers with lower commissions the more you drive. Lyft will still take a 20% commission if you drive less than 15 hours during a given week but anything over that will result in a reduced commission.
Based off the reactions I’ve seen, there are a lot of upset drivers and I feel their pain. It’s human nature to get upset when you’re given something good and then it’s suddenly taken away. In this case, drivers were getting 100% of the fare and even though we knew it was only temporary it still stings when Lyft wants to start taking their cut again. [Read more…]