7 Major Coronavirus Developments — RI’s Gig Economy Industry at Risk — April 30, 2020
Thursday, April 30, 2020
In Rhode Island, more than 40,000 Rhode Islanders that work in the so-called "gig" economy have filed for federal benefits. This week, car-sharing company Lyft laid off 17% of its workforce.
The "sharing economy" — led by companies like Uber, Airbnb, and WeWork — is being devastated by the coronavirus and shutdowns.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTRide-sharing companies Uber and Lyft have seen their businesses nearly collapse.
WATCH AT NOON: Former Director of Health Dr. Michael Fine on GoLocal LIVE
According to multiple reports, Uber was weighing layoffs of up to 20% of its 27,000 employees.
These Lyft and Uber layoffs do not include the number of drivers impacted -- those drivers are considered contractors and not employees.
The virus will raise the question, when will users feel comfortable sleeping in an Airbnb bedroom, drive in a ride-sharing vehicle or working in a shared office space?
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