Business > Technology

New Labor Law Passed by California Senate Would Transform the Gig Economy-And Could Cost Uber $500 Million a Year

6 days ago   |   By

The California Senate passed a bill that could force Uber and other gig economy giants to reclassify their workers as employees. Such a change would secure labor protections for thousands of people across the state and deal a significant blow to companies that built multi-billion dollar businesses on independent contractors.
Under the new law, Assembly Bill 5, people in California could generally only be considered contractors if the work they're doing is outside the usual course of a company's business. Companies like Uber Technologies Inc. and Lyft Inc., which rely on armies of drivers...
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California Senate passes bill to define more gig economy workers as employees

California Senate passes bill to define more gig economy workers as employees

6 days ago   |   By

California lawmakers voted to pass AB5 Tuesday, a bill that if signed into law would define more gig economy workers as employees rather than independent contractors.
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California Senate passes bill to tighten 'gig' worker rule

6 days ago   |   By

The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber Technologies Inc and Lyft Inc to classify workers as independent contractors rather than employees.
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California Senate Approves Bill Protecting Gig Economy Workers

6 days ago   |   By

The California Senate has passed a bill that would give new wage and benefit protections to workers at so-called gig economy companies like Uber and Lyft.
The 29-11 vote late Tuesday sends the bill back to the state Assembly for final approval over strident Republican opposition. Democratic Gov. Gavin Newsom has said he supports it.
The proposal has drawn staunch opposition from on-demand delivery and ridesharing companies while winning support from many of the Democratic presidential contenders.
It puts into law a California Supreme Court decision making it harder for companies to...
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California passes bill for wage, benefit protections for gig workers

6 days ago   |   By

Democratic Gov. Gavin Newsom has said he supports the legislation, which now heads for his desk.
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California passes landmark bill to treat contract workers as employees, sending it to the governor for signature

California passes landmark bill to treat contract workers as employees, sending it to the governor for signature

6 days ago   |   By

California on Tuesday approved a landmark bill that would consider contractors for companies like Uber and Lyft as employees.
The bill passed in a 29 to 11 vote in the State Senate, according to the New York Times , and it would apply to companies that use apps to manage their goods and services.
The landmark move will likely affect over 1 million workers in California. The bill's passage comes after years of debate on how to better manage a gig-based economy as people begin to shift their employment towards contract work.
California Assemblywoman Lorena Gonzalez said on Twitter that the...
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California Senate approves bill regulating gig economy

6 days ago   |   By

The California Senate has passed a bill that will give new wage and benefit protections to workers at so-called gig economy companies like Uber and Lyft.
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