#UBER can’t afford reclassification of drivers?
Uber, being a startup, it runs on investor’s money and not profits. Hence, the company can only accommodate loses on the mercy of the people funding it. This begs the question of whether the investors will stand by Uber in the firm reclassify drivers. If they will, for how long?
Reclassifying drivers as employees means that this company will have to pay taxes and various insurances
Reclassification of drivers by Uber is a sensitive matter which may procreate detrimental consequences.
A roadmap to strategic design and management would be to change their business model in way that motivate drivers and give them a sense of protection.
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