Uber says it may effectively lay off thousands of New York City drivers if the Taxi & Limousine Commission (TLC) decides to raise minimum pay standards. In a Monday evening blog post, the rideshare giant argued that the city’s first-in-the-nation minimum pay rules have made their service too expensive, leading to a decline in trip volume. Uber warned that further increases in pay would come at the cost of many drivers’ ability to use the app. Click here to read more on amny.com.
