Seattle Uber and Lyft drivers will hold a Driver Speak Out! event and press conference on Wednesday to highlight increasingly high company take rates, low driver pay, issues around deactivation and other driver concerns as Uber prepares to go public later this week.
At the event, members of the App-Based Drivers Association will discuss a new report that exposes how Uber and Lyft are pocketing an increasingly greater share of rider payment in the Seattle market while drivers are earning less.
The study, Uber/Lyft take more, pay drivers less, is based on analysis of company financial reports, combined with never before released trip-level data collected by local drivers in Seattle.
The Driver Speak Out! will take place at the Sea-Tac Airport Ride Hail Lot (3037 160th St) on Wednesday, May 8, 2019 starting at 11 a.m.
The Seattle event will be held in conjunction with driver protests in other major metropolitan areas around the country in anticipation of Uber’s much-anticipated debut on Wall Street, which is expected to draw a valuation that could top $100 billion. Strikes and other actions are planned in San Francisco, Los Angeles, San Diego, Chicago, Boston and Washington, D.C.