Re:Uber discusses plan to lay off about 20% of employees
by matthewdgreen on Wednesday April 29, 2020 @08:51AM
(#23018474)
The Uber model is pretty easy to duplicate. See e.g., http://www.rideaustin.com/
Re:Uber discusses plan to lay off about 20% of employees
by uptown on Wednesday April 29, 2020 @09:16AM
(#23018715)
Sure. But why would anyone pursue it if they've demonstrated that long-term it's financially insolvent?
Re:Uber discusses plan to lay off about 20% of employees
by matthewdgreen on Wednesday April 29, 2020 @09:20AM
(#23018762)
Presumably prices will increase to a sustainable level if the big VC-money-burning firms go out of business. I can see ride sharing becoming more expensive -- I just don't see any future in which it goes away.
Leaving behind what options for short-range travel? If Uber goes bust and in the process, they've killed off both their competition and traditional taxis, what options does that leave for short-range individual commuting where bikes and scooters aren't sensible?