Uber and Lyft reveal their alternative proposal to California's new gig-economy law

Uber and Lyft took a major hit in California last month when lawmakers passed Assembly Bill 5, which could dramatically reshape the state's gig-economy. On Tuesday, a coalition of the companies, as well as drivers and other workers, unveiled a ballot proposal to take their fight to California voters. The group argues that the new law will strip drivers of the flexibility they value as part of their jobs driving or couriering for the apps. California Gov.

Uber and Lyft took a major hit in California last month when lawmakers passed Assembly Bill 5, which could dramatically reshape the state's gig-economy. On Tuesday, a coalition of the companies, as well as drivers and other workers, unveiled a ballot proposal to take their fight to California voters. The group argues that the new law will strip drivers of the flexibility they value as part of their jobs driving or couriering for the apps. California Gov.

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Uber, Lyft, DoorDash launch a $90-million fight against California labor lawBreaking: Sharing companies Uber, Lyft and DoorDash unveiled a November 2020 ballot measure to exclude many of those they pay for work from being considered benefits-earning employees. it isn't going to work. The initiative says drivers will be guaranteed a minimum amount of pay as well as insurance to cover work-related injuries and auto accidents. And it lays out details for healthcare subsidies, protections against on-the-job harassment or discrimination. Bye bye affordable ride. Might as well just call a cab. Sort of defeats the purpose.
Source: latimes - 🏆 11. / 82 Read more »

Uber announces deeper push into financial services with Uber MoneyUber's move is the latest sign that tech giants are looking to make inroads into finance. Give us your money so we can set it on fire can't make money in core business so start something else...let's throw some darts and see what sticks
Source: CNBC - 🏆 12. / 72 Read more »