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A comment on Uber Lays Off 400. Parent comment

Re:Uber Lays Off 400 by wp381640 on Monday July 29, 2019 @06:39PM (#20560213)
Having looked into the finances of car share companies I can vouch that the fleet costs are just huge blots of red ink on their finances

Uber wouldn't work if they owned the fleet - it's a huge advantage to just be the app + ops + acquisition costs

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Re:Uber Lays Off 400 by erobbins on Monday July 29, 2019 @07:04PM (#20560402)
Right, eventually the drivers will figure out that they are the losers in this scheme. People really don't understand just how much it costs to own a car, especially one you drive 30k miles a year.
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