Uber entices drivers back post-pandemic with $250 million stimulus – TechCrunch

Summary (IA Generated)

Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April Uber’s business dropped by 80%.

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population already vaccinated, Uber is now in a sticky situation wherein there are more riders requesting trips than there are drivers available.

On Wednesday, the company announced the launch of a $250 million driver stimulus to welcome drivers back into the fold and recruit new ones as the pandemic begins to ease in the U.

Both returning drivers and new drivers will be receiving bonuses over the coming months, according to an Uber spokesperson.

“In 2020, many drivers stopped driving because they couldn’t count on getting enough trips to make it worth their time,” reads the blog post announcing the stimulus.

“In 2021, there are more riders requesting trips than there are drivers available to give them—making it a great time to be a driver.

Uber wants drivers to take advantage of the higher earnings now because “this is likely a temporary situation.

The money will also go towards guaranteed minimum pay and on-boarding for new Uber drivers, and the full $250 million pool is coming directly from Uber’s pockets.