Future of Work

Uber drivers in London, Birmingham, Nottingham and Glasgow will protest outside Uber offices on Wednesday. They will be joined by drivers in the US cities of New York, San Francisco, Chicago, Los Angeles, San Diego, Philadelphia and Washington DC in striking over pay and work conditions.

The protests come days before the company lists its shares on the New York Stock Exchange. Uber said drivers were “at the heart of our service”.

The United Private Hire Drivers Branch of the Independent Workers Union of Great Britain (IWGB) said it will stage a nine-hour boycott of the app between 07:00 and 16:00, and expects hundreds of drivers to take part.

In the US, members of the New York Taxi Workers Alliance will strike from 07:00 to 09:00 local time. There, Uber drivers will be joined by members working for Lyft and other taxi-booking apps.

“It is the drivers who have created this extraordinary wealth, but they continue to be denied even the most basic workplace rights,” said James Farrar, chair of the United Private Hire Drivers branch of the IWGB union.

“We call on the public not to cross the digital picket line on 8 May but to stand in solidarity with impoverished drivers across the world who have made Uber so successful.”

The unions would like to cut the commission going to the companies. The IWGB in the UK said it would like commissions to be reduced from 25% to 15% and for fares to be increased to £2 a mile from about £1.25.

The NYTWA in New York said it wanted commissions of 15% to 20% and better job security. “I’m striking for my kid’s future. I have a five-year-old son, and I drive for Uber to support him,” said Sonam Lama, a NYTWA member and Uber driver since 2015.

An Uber spokeswoman said: “Drivers are at the heart of our service – we can’t succeed without them – and thousands of people come into work at Uber every day focused on how to make their experience better, on and off the road.

“Whether it’s being able to track your earnings or stronger insurance protections, we’ll continue working to improve the experience for and with drivers.”

Share sale

The company has argued previously that it is transparent when it comes to pay and that drivers have earned more than $78bn (£59.7bn) since 2015, as well as $1.2bn in tips since tipping was introduced on its software in July 2017.

Uber last month warned it “may not achieve profitability” in details of its plan to list its shares.

Uber said that its most recent annual sales rose to $11.2bn and losses narrowed to $3bn. But it also expects operating expenses to “increase significantly”.

The company did not disclose how it will price its shares on 9 May, but it is reportedly targeting a range of $48 to $55.

That would potentially give the 10-year old firm a value of up to $100bn, making it the biggest initial public offering this year.

Uber is also expected to raise about $10bn through the flotation. Last year, Uber lost an appeal against a ruling that its drivers should be treated as workers rather than self-employed.

In 2016 a tribunal ruled drivers Mr Farrar and Yaseen Aslam were Uber staff and entitled to holiday pay, paid rest breaks and the minimum wage and the ruling was upheld by the Court of Appeal.

But Uber pointed out that one of the three judges backed its case and said it would appeal to the Supreme Court.

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