Uber Drivers Strike In New York City, Protest Fare Cuts

NEW YORK (CBS) — More than 100 Uber drivers in New York City upset about the company's recent fare cuts went on strike Monday, and they've urged all other drivers to join them.

The striking drivers said San Francisco-based Uber continues to cut into their earnings without cutting into its own take from each ride. They say the company needs to either raise the fares again, lower its commission, or ideally both, according to CBS New York.

Uber cut its prices by 15 percent in The Big Apple last week, saying the fare reduction would mean more work for drivers. The base fare on UberX dropped from $3 to $2.55, with the per mile rate going from $2.15 to $1.75. UberXL saw drops of similar levels.

The striking drivers chanted "Shame on Uber" and "Respect the Drivers" at a protest Monday outside Uber's office in Long Island City. Many protesters held signs saying, "We made you billionaires, you're making us homeless."

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