Is Uber Bleeding to Death?
On Wed, Sep 21, 2016 at 01:11:32PM +0200, Robin9 wrote:
Another point you seem to be overlooking is that Uber
now find it necessary to advertise regularly for drivers on
LBC and on the Internet. Why do they? Almost certainly
because they are losing drivers. If drivers are being
subsidised and/or paid 80% of the fare paid, why are they
leaving Uber? Why do so many phone-in programs on the
radio have drivers complain that they can't make a living
working with Uber?
You appear to be confusing Uber in London with Uber as a whole. The
article that started this whole thread was about the latter.
It is possible for both of these statements to be true:
* Uber subsidises some drivers
* Uber does not subsidise drivers in London
As for why they're advertising for drivers in London, it could be
because they're losing drivers. In fact they almost certainly are losing
drivers, because just like in every other business there is natural
staff turnover (please don't get pedantic about the employment
relationship, it's not relevant). It could also be because they are
still expanding and need more drivers, but they now have to advertise
for them because they've already got all the ones they didn't need to
advertise at. In reality it'll be a combination of both of those.
BTW, have you noticed that Arriva are *always* advertising for bus
drivers in London? Argh, doom, disaster! Arriva are bleeding to death!
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