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Stock impact report

Uber reaches agreement with union, but critics voice concern [Toronto Globe and Mail (Ontario, Canada)]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Uber Canada and the United Food and Commercial Workers union have struck an agreement that would see more than 100,000 drivers and delivery couriers in Canada receive union representation in resolving disputes with the Silicon Valley tech giant. Both sides hailed the agreement as a “historic” step toward achieving “common ground” in a long-standing debate over the employment classification of gig economy workers. But critics, including other labour groups, are voicing concern over the agreement, saying it does not fundamentally pave the way for better labour standards for Uber workers. On Thursday, Uber announced it would allow its workers across the country to use UFCW union representatives when contesting issues related to their account status with Uber, such as deactivation. Uber and UFCW would jointly cover the cost of these services, meaning that drivers and delivery couriers would not have to pay annual or monthly union dues. Gig economy the next target in Ontario labour-law ch Show less Read more
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