Lyft will have to tell drivers how much they can truly earn, with evidence
Lyft will have to tell drivers how much they can truly earn, with evidence
Lyft has agreed to disclose to drivers how much they can earn based on typical earnings and to back up its claims with evidence.
But under the settlement, Lyft will have to explicitly tell drivers how much their potential take-home pay is based on typical, instead of inflated, earnings. It has to take tips out of the equation, and it has to to clarify that it will only pay the difference between what the drivers get from rides and its guaranteed earnings promise. Finally, it will have to pay a $2.1 million civil penalty.
That last part is like having to put a quarter in the swear jar.
I bet the fine just offsets the cost of the prosecution, it’s not gonna be some settlement, it’s just “time and costs of the lawyers on our side”. Agree that if it’s meant to be punitive, it’s pretty laughable.
Is Lyft actually profitable yet?