Uber admits owing N.Y. City drivers millions of dollars

new york» Uber on Tuesday admitted to underpaying its New York City drivers tens of millions of dollars for the past 2½ years.

“We are committed to paying every driver every penny they are owed — plus interest — as quickly as possible,” Uber executive Rachel Holt said in a statement. “We are working hard to regain driver trust, and that means being transparent, sticking to our word, and making the Uber experience better from end to end.”

The ride-hailing company said each affected driver would get a refund of about $900, which includes interest.

Uber said it mistakenly had continued to calculate its commission based on the gross fare, before any taxes and fees were deducted. The company now will calculate its commission based on the net fare.