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Uber admits it underpaid tens of thousands of New York City drivers

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Uber admits it underpaid tens of thousands of New York City drivers

Uber admitted that it had collected tens of millions more from New York City drivers than it should have over a nearly three-year span dating back to November 2014, a critical financial oversight that led the company to pledge to reimburse “every penny,” in the latest setback for the Silicon Valley ride-hailing giant. Tens of thousands of drivers in New York City were shortchanged, Uber acknowledged, and will now collect an average of $900 each in reimbursements, which includes interest on the lost earnings. The full cost to Uber of the payouts could not be immediately learned.  

[Washington Post]

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