NEW YORK — Uber and Lyft have more than doubled their the size of their cut of New York City customers’ fare money — far outpacing the pay raises seen by their drivers, a new study says.
The study, conducted at the behest of the New York Taxi Workers Alliance, was published last week by the University of California, Los Angeles Labor Center, and relies on public Taxi and Limousine Commission data.
When the city’s minimum driver pay rules took effect in February 2019, rideshare companies took 9% of the total fares charged that month, according to the data.
