Lyft and Uber will cease operations in Minneapolis May 1 after city forces $15.57 per hour driver wage

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Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of $15.57 an hour.

Lyft called the ordinance “deeply flawed,” saying in a statement that it supports a minimum earning standard for drivers but not the one passed by the council.

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“It should be done in an honest way that keeps the service affordable for riders,” Lyft said. “This ordinance makes our operations unsustainable, and as a result, we are shutting down operations in Minneapolis when the law takes effect on May 1.”

Uber did not immediately respond to a request for comment, but news outlets reported that it issued a similar statement saying it would also stop service that day.

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https://www.yahoo.com/news/lyft-uber-leave-minneapolis-city-223347347.html