Uber recently cut the per mile rate by 25% in Los Angeles and it appears that these rate cuts may have been a tipping point for many frustrated drivers. But how do these rate cuts affect drivers and could they be coming to other cities? Senior RSG contributor Jay Cradeur summarizes what’s going on and shares his spreadsheet for calculating the difference in pay.
It’s Monday morning and my news feed is blowing up. It has been shouting at me about Los Angeles Uber drivers going on strike. And in case you live under a rock, here’s why. Uber has decided to do some “rate rebalancing” which is Uber’s way of saying ‘We are cutting your rates’.