Uber Technologies (NYSE: UBER) And Lyft Inc. (NYSE: LYFT) Are To Blame For Current Driver Shortages They Face

July 8, 2021

Workers have been leaving the ride-hailing industry leading to a severe shortage of drivers. According to Aquent CEO John Chuang, Uber Technologies (NYSE: UBER) and Lyft Inc. (NYSE: LYFT) are to blame for the crisis.  Ride-hailing companies facing driver shortages  Chuang said, “One, [ride-sharing companies] have very low wages,” Chuang said. “And they are very undesirable jobs. Now that we have 7 million less employed workers in America right now,…