Tuesday, February 14, 2017

Instacart’s Shaky Ground is Your Opportunity

Daily Insights 02/14/2017
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Instacart's Shaky Ground is Your Opportunity

I respect Instacart's three tier model for retailers. Do it all, just do delivery or license the software and back end. The company is valued at over $2 billion and has raised more than $270 million from top Silicon Valley investors, but with the recent announcement that it is cutting the pay for "some" workers in "some" citites we have to wonder what is going on. This, by the way, is the second time in less than a year that Instacart is cutting pay. Recode took a look at the screenshots from Instacart workers' internal app and showed decreases ranging from 11 percent to 19 percent both for workers who shop for grocery orders and deliver them. Pay reductions for delivery-only workers ranged from six percent to 21 percents.

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