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Bill Ackman Accuses Uber of Withholding $5.00 Tips from NYC Cab Drivers

May 23, 2024, 08:37 AM

Bill Ackman has raised concerns about Uber's handling of tips, accusing the company of ripping off NYC cab drivers by not passing on tips. Ackman recounted an incident where he added a $5.00 tip, but the driver's screen showed no tip was paid. This has led to broader allegations that Uber's profitability improvements may be partly due to withholding drivers' tips. Uber has responded, stating that 100% of tips are passed to their partner, Curb, which eventually passes them on to drivers. The issue has sparked calls for an investigation into Uber's practices.