Tuesday that drivers for Transportation Network Companies , which include services like Uber and Lyft, are considered employees under AB-5, the state's hotly debated new gig work law.
The ruling from CPUC, the agency in charge of regulating ride-hail companies, marks a significant development in the battle over the employment status of tens of thousands of gig workers in California. "CPUC's presumption is flawed; drivers are correctly classified as independent contractors and overwhelmingly want to remain independent contractors," a Lyft spokesperson told Business Insider. "Forcing them to be employees will have horrible economic consequences for California at the worst possible time."
Ride-hailing companies like Uber and Lyft have been at the center of AB-5, which went into effect this year and made it more difficult for companies to classify employees as independent contractors.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finally. Long time coming. They have been exploiting their workforce for years.
Heck who needs these companies anyway 😎
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Net City, Tencent's 320-acre futuristic neighborhood in China - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Please don’t do this US should game up their infra they gotta stop aiding other countries and start aiding themselves. IMO
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside story of Brex layoffs after $150 million raise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended June 9 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Where is KimJongUn NorthKorea supreme leader Kim Jong un IS THE DICTATOR DEAD
Source: BusinessInsider - 🏆 729. / 51 Read more »
Read IBM's pledge to promote work-life balance for remote employees - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla employees got coronavirus after Elon Musk defied shutdown orders: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sounds like it's time for some lawsuits. At this point everyone has had coronavirus Did they get hospitalized or test positive? Narrative.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Microsoft employees call for action on protests in leaked messages - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »