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Court rules Uber and Lyft can continue to treat California drivers as independent contractors

Sacramento, California. (AP) – Application based call and delivery companies such as Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled Monday, allowing the tech giants circumvent the laws of other states requiring protection and benefits for workers. The ruling basically supports a voter-approved law called

Lyft shares plunge nearly 25% after revenue forecast came in below estimates

Reuters — Elevator (ELEVATOR) on Thursday forecast current-quarter revenue below Wall Street’s estimates, blaming extreme cold weather in some major markets and lower prices, especially during peak hours, that sent its stock down nearly 25% in extended trading. The company’s outlook differed from that of its larger competitor, Uber. (UBER)whose strong worldwide presence is helping

Tech layoffs: Amazon, Lyft, Stripe, Twitter, and other tech companies that have announced hiring freezes and layoffs.

The slowdown in the tech industry became even more pronounced on Thursday Amazon has publicly said it has suspended corporate hiring, and several other tech companies have announced job cuts. Amazon said that this week, senior executives decided to put on hold additional corporate hiring because the economy was “in an uncertain place.” The move

lyft: Lyft to lay off 683 employees to cut costs

backlash Inc said Thursday it will lay off 13% of its workforce, or about 683 employees, as part of the company’s latest cost-cutting move to deal with the weakening economy. As decades of high inflation weighs on consumer spending and increases costs for businesses, companies across sectors are cutting jobs and cutting operations to maintain

lyft: Lyft aumenta las tarifas de viaje debido al aumento de los costos de los seguros

Ascensor Inc está aumentando la tarifa de servicio que sus pasajeros estadounidenses pagan directamente a la compañía para cubrir los costos más altos del seguro. entrega dijo la firma. El aumento promedia menos de 50 centavos por viaje en todo el país, dijo un portavoz de Lyft. La empresa paga el seguro de los conductores

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Tag: lyft

Court rules Uber and Lyft can continue to treat California drivers as independent contractors

Lyft shares plunge nearly 25% after revenue forecast came in below estimates

Tech layoffs: Amazon, Lyft, Stripe, Twitter, and other tech companies that have announced hiring freezes and layoffs.

lyft: Lyft to lay off 683 employees to cut costs

lyft: Lyft aumenta las tarifas de viaje debido al aumento de los costos de los seguros