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A comment on Uber discusses plan to lay off about 20% of employees. Parent comment

Re:Uber discusses plan to lay off about 20% of employees by puranjay on Wednesday April 29, 2020 @06:22AM (#23017513)
Uber pulled off a massive bait-and-switch in India. Offered drivers incredible bonuses, baited them with "rumors" that the bonuses were permanent, encouraged them to apply for loans to buy cars and even has a financing program of its own.

And then they pulled out the bonuses, practically forcing drivers to work 12+ hours/day (some even sleep in their cars) just to make minimum loan payments. No driver I've ever spoken to has been happy driving for Uber, but they do it because they have a car to pay off

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Re:Uber discusses plan to lay off about 20% of employees by alexpetralia on Wednesday April 29, 2020 @06:57AM (#23017741)
To be fair, they sound like any new car dealer here (get the sale and often the auto-loan sale as well).
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Re:Uber discusses plan to lay off about 20% of employees by puranjay on Wednesday April 29, 2020 @02:21PM (#23022425)
Except these people would never get loans without Uber's backing. Indian lenders are notoriously risk averse and make it very hard for self-employed people to get loans.

Moreover, without Uber's (formerly) juicy carrot, they would never be in the market for a car in the first place

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