YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The state of California filed a lawsuit against ride-hailing companies Uber and Lyft.
The suit alleges the companies violated a new state law by misclassifying hundreds of thousands of drivers as independent contractors, rather than employees as required under the legislation.
A Barclays estimate predicts Uber would lose $506 million and Lyft $290 million annually by classifying drivers as employees.
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