Uber and Lyft drivers in cities around the world went on strike Wednesday to protest low wages and poor treatment of workers, just days before Uber’s initial public offering, which could value the company at up to $90 billion.
But while Uber prepares for what could be one of the biggest IPOs in history and executives plan to take home millions, drivers say their conditions are worse than ever. Drivers in Los Angeles, London, Melbourne, São Paulo, New York and other cities temporarily halted work Wednesday to demand Uber and other ride-share companies like Lyft treat drivers like full-time employees rather than independent contractors, guarantee a livable income and end deactivations for drivers without explanation, among other demands.
On Wednesday, striking Uber and Lyft drivers gathered on Wall Street to call out the practices of the ride-sharing companies. Democracy Now! spoke with Inder Parmar, an Uber driver who says he has lost two-thirds of his income as the company has slashed compensation.