Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of $15.57 an hour.
Lyft called the ordinance “deeply flawed,” saying in a statement that it supports a minimum earning standard for drivers but not the one passed by the council.
If your business cannot exist with paying employees appropriate wages then that is a failure in the business and the business does not deserve to exist. That’s what these capitalists love, right? Oh they’re only upset when the system works against THEM, that’s right.