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Monday, March 19, 2018

How private car hiring businesses like Uber drove ordinary citizens into financial despair.

https://qz.com/1230993/the-reality-of-driving-for-ola-and-uber-in-india-debt-slashed-pay-multiple-jobs/?utm_source=YPL&yptr=yahoo

Ordinary people from developing countries were lured into the private car hiring industry with the promises of good pay and flexible working hours.  These people committed to car purchases because they didn't foresee that their future incentives would be cut by these companies.

These people get stuck now and their cars will be repossessed by the banks or finance companies, leaving them in great financial despairs.

1 comment:

Eric Ho said...

https://qz.com/1234009/uber-driver-or-infosys-engineer-who-earns-more/