Money-Losing Uber Says It “Mistakenly” Underpaid NYC Drivers

Posted: May 23, 2017 in Uncategorized

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Yeah right. Exploiting and cheating drivers was all a mistake.

peoples trust toronto

After recently promising to take steps to boost drivers? wages, Uber Inc. has admitted that, over the last two-and-a-half years, it ?mistakenly? underpaid drivers in New York City.

The company claims it came forward voluntarily after discovering the issue, which, considering how the company has seemingly bounced from one PR crisis to the next, is probably a smart move. Uber’s highly-paid communications team has hopefully learned by now that sometimes it’s better to get out ahead of the story – because then you can shape it on your own terms. A few months back, the company announced that it had ? again, ?mistakenly? ? underpaid drivers in Philadelphia.

Uber is, somewhat expaseratingly, the most highly valued startup in the world with a valuation of nearly $70 billion, even though it lost nearly a billion dollars in the fourth quarter of 2016, and has beencalled ?a cash-burning machine? by one…

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