Department of Labor about to kill off Uber, Instacart, Lyft, etc.
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The stock prices of Uber, Lyft and DoorDash slid on Tuesday after the Department of Labor announced proposed changes to how workers should be classified. The prospective guidance is intended to “combat employee misclassification,” the federal agency said in a statement.
Soon after, Uber’s share price dropped by more than 10% to $24.61, while Lyft’s tanked more than 12% to $11.22 and DoorDash’s fell more than 5% to $44.98 at the time of writing.
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You can't protect workers if the company folds. Another hit to the economy.
“I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill
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I’d be curious to know the practical effect. There are a lot of full time Uber drivers out there, I wouldn’t begrudge them the employee status so they get social security etc. But hopefully this doesn’t affect their ability to set their own hours. Some of them really are more like contractors, driving for more than one app service.
"You never know what worse luck your bad luck has saved you from."
-Cormac McCarthy -
See, that's the thing. A lot of these people - my daughter included a couple years ago, drove for several different outfits, Lyft, Uber, Grubhub, Doordash, Instacart, etc. and had the ability to accept or pass on engagements. If that's not a contractor I don't know what is. Sticking with only Uber is their choice. It's not enforced.
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@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
With that line of argument, one could have argued similar variants:
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"You can't protect the slaves if the plantation folds. Another hit to the economy."
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"You can't protect the prostitutes if the brothel closes. Another hit to the economy."
Neither argument is adequate to abolish slavery or to deregulate sex work. Similar argument would also not be adequate to deter regulation of gig work.
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I’d be curious to know the practical effect. There are a lot of full time Uber drivers out there, I wouldn’t begrudge them the employee status so they get social security etc. But hopefully this doesn’t affect their ability to set their own hours. Some of them really are more like contractors, driving for more than one app service.
@jon-nyc said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
I’d be curious to know the practical effect. There are a lot of full time Uber drivers out there, I wouldn’t begrudge them the employee status so they get social security etc.
They do get Social Security etc…The only difference is that the employer takes care of the accounting for them…
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@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
Uber is still operating at a loss, AFAIK. It was already unclear whether their business model was sustainable.
We saw their prices go up last year to reduce the burn, and we’ll see them go up again. But we’d have seen them go up more even without this.
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@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
With that line of argument, one could have argued similar variants:
-
"You can't protect the slaves if the plantation folds. Another hit to the economy."
-
"You can't protect the prostitutes if the brothel closes. Another hit to the economy."
Neither argument is adequate to abolish slavery or to deregulate sex work. Similar argument would also not be adequate to deter regulation of gig work.
@Axtremus said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
With that line of argument, one could have argued similar variants:
-
"You can't protect the slaves if the plantation folds. Another hit to the economy."
-
"You can't protect the prostitutes if the brothel closes. Another hit to the economy."
Neither argument is adequate to abolish slavery or to deregulate sex work. Similar argument would also not be adequate to deter regulation of gig work.
Jesus.
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@Axtremus said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
With that line of argument, one could have argued similar variants:
-
"You can't protect the slaves if the plantation folds. Another hit to the economy."
-
"You can't protect the prostitutes if the brothel closes. Another hit to the economy."
Neither argument is adequate to abolish slavery or to deregulate sex work. Similar argument would also not be adequate to deter regulation of gig work.
Jesus.
@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
@Axtremus said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
With that line of argument, one could have argued similar variants:
-
"You can't protect the slaves if the plantation folds. Another hit to the economy."
-
"You can't protect the prostitutes if the brothel closes. Another hit to the economy."
Neither argument is adequate to abolish slavery or to deregulate sex work. Similar argument would also not be adequate to deter regulation of gig work.
Jesus.
Lad descends more into irrelevant every day, doesn't he?
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Meanwhile, he's worried about the slaves on the plantation, when he has no problem killing them in the womb.
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Meanwhile, he's worried about the slaves on the plantation, when he has no problem killing them in the womb.
@Jolly said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
Meanwhile, he's worried about the slaves on the plantation, when he has no problem killing them in the womb.
Did you just assume gender? Shame on you!
The Brad
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@Mik said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect workers if the company folds. Another hit to the economy.
With that line of argument, one could have argued similar variants:
-
"You can't protect the slaves if the plantation folds. Another hit to the economy."
-
"You can't protect the prostitutes if the brothel closes. Another hit to the economy."
Neither argument is adequate to abolish slavery or to deregulate sex work. Similar argument would also not be adequate to deter regulation of gig work.
@Axtremus said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
You can't protect
Protect?
You and your government are going to protect me?
That's a laugh.
Keep your protection and let me keep my freedom and my money.
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@Jolly said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
Meanwhile, he's worried about the slaves on the plantation, when he has no problem killing them in the womb.
Did you just assume gender? Shame on you!
@LuFins-Dad said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
@Jolly said in Department of Labor about to kill off Uber, Instacart, Lyft, etc.:
Meanwhile, he's worried about the slaves on the plantation, when he has no problem killing them in the womb.
Did you just assume gender? Shame on you!
I'm still getting used to this Brave New World...
