Rideshare Giants Pull Out of Minneapolis Over Minimum Wage Dispute
March 20, 2024, 3:34 am
Lyft
Location: United States, California, Los Angeles
Employees: 5001-10000
Founded date: 2012
Total raised: $25M
Uber and Lyft are hitting the brakes in Minneapolis after the city council revved up the minimum wage for drivers. The council's 10-3 vote to override Mayor Jacob Frey's veto means rideshare drivers will now earn $15.57 an hour. Uber and Lyft are revving their engines to leave Minneapolis on May 1, leaving passengers stranded in the dust.