Bloomberg

Compliance with the existing law could also pose an economic threat to the companies themselves: University of California, Berkeley researchers estimated that treating independent contractors as employees would have cost Uber and Lyft $400 million in unemployment insurance between 2014 and 2019.

Compliance with the existing law could also pose an economic threat to the companies themselves: University of California, Berkeley researchers estimated that treating independent contractors as employees would have cost Uber and Lyft $400 million in unemployment insurance between 2014 and 2019.