When Layoffs Flood the Streets: How Surplus Drivers, Shrinking Incentives, and Algorithmic Power Reshape Gig Work

We chart how a wave of layoffs flooded rideshare platforms, pushed utilization down, and reshaped driver earnings, incentives, and well‑being. Stories from Denver to New York reveal falling pay, rising costs, and a growing push for transparency and fair minimums.• layoffs drive a surge of new drivers into rideshare• oversupply lowers utilization and effective hourly pay• incentives and guarantees shrink as platforms gain leverage• drivers multi‑app and work longer hours to cope• costs rise through miles, maintenance and mental fatigue• influx of degree‑holders changes expectations and advocacy• push for minimum pay floors and transparent algorithms• tension between flexibility narrative and limited choice• disputes increase as pricing rules shift and margins tighten• open questions on regulation, platform design and labor recoveryThanks for tuning in to the gig economy discussion on Great Day ColoradoUntil next time, drive safe and know your worth