News for hackers. Stuff that matters.

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 matthewdgreen on Wednesday April 29, 2020 @08:51AM (#23018474)
The Uber model is pretty easy to duplicate. See e.g., http://www.rideaustin.com/
[ Parent | on HN ]
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?
[ Parent | on HN ]
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.
[ Parent | on HN ]
Re:Uber discusses plan to lay off about 20% of employees by mycall on Friday May 01, 2020 @12:26AM (#23039127)
Even mass transit is experimenting with Flex semi-fixed routing.
[ Parent | on HN ]