California Supreme Court Upholds Proposition 22, Securing Independent Contractor Status for Uber and Lyft and Other Gig Workers

Benzinga

Uber Technologies and Lyft won a major legal victory in California. The state's Supreme Court upheld Proposition 22, allowing them to classify their drivers as independent contractors.

Transcript

00:00It's Benzinga, and here's what's on the block.

00:03Uber Technologies and Lyft won a major legal victory in California.

00:07The state's Supreme Court upheld Proposition 22, allowing them to classify their drivers

00:11as independent contractors.

00:14This decision ensures that the gig workers maintain their independent contractor status,

00:18allowing them flexibility in their work schedules while offering some benefits.

00:22While Uber and other companies hail the decision as preserving worker freedom and ending misguided

00:27attempts to force an employment model, critics argue that the benefits fall short compared

00:31to those for full-time employees.

00:33The ruling sets a precedent for gig worker regulation in the U.S., influencing similar

00:37laws in states like Washington and settlements in Massachusetts.

00:40For all things money, visit Benzinga.com.

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