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Next week, Uber has plans to finally go public, allowing anyone to buy stock in the company. Although Uber lost $1.8 billion in 2018 , the company still has a target valuation of between $80 and $90 billion, according to the Wall Street Journal. That may have the potential to make some former and current employees rich, but drivers will most likely lose out. In response, United States drivers planned a 24-hour protest on May 8 ahead of Uber’s IPO in Boston, Chicago, Minneapolis, Philadelphia, San Diego, San Francisco, and Washington, D.C. Now, drivers in the United Kingdom plan to join in. Uber drivers organized by the Independent Workers Union of Great Britain (IWGB ) in London, Birmingham, Nottingham, and Glasgow all plan to log off the app and demonstrate outside of Uber offices in each city. In a statement, the IWGB wrote: “With an expected valuation of $100 billion, Uber’s founder, venture capitalists and management will become fabulously wealthy overnight. Uber’s founder...
May 3, 2019
Last week, Google employees Claire Stapleton and Meredith Whittaker came forward to say the company retaliated against them following their roles in staging a walkout. The walkout in question happened back in November 2018 . More than 20,000 employees participated to protest sexual harassment within the company. The walkout was organized after an executive was paid millions of dollars in an exit package despite having been found to sexually harass another employee. Today, Google employees held a sit-in to protest the alleged retaliation against their fellow workers. The sit-in was announced in a tweet by Google Walkout For Real Change. “From being told to go on sick leave when you’re not sick, to having your reports taken away, we’re sick of retaliation,” the organizers wrote. “Six months ago, we walked out. This time, we’re sitting in.” From being told to go on sick leave when you're not sick, to having your reports taken away, we're sick of retaliation. Six months ago, we walked...
May 1, 2019