Business Daily - Uber and Lyft's big win

Uber and Lyft's big win

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When they cast their votes for US president, Californians also approved a change to the law allowing gig economy companies like Uber and Lyft to keep treating their drivers as contractors, not employees. The move could have major consequences for the gig economy. Manuela Saragosa speaks to Geoff Vetter from the Yes to 22 campaign, which fought for the law change, and to Veena Dubal, law professor at the University of California, who argues the vote is a disaster for workers' rights. Dave Lee, Silicon Valley correspondent for the Financial Times, tells us what it means for the future of companies like Uber.

(Photo: Uber and Lyft logos, Credit: Getty Images)

Published on Friday, 6th November 2020.

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