I guess that the "Ride Sharing" companies are going to have to find a new way to f%$# over their drivers to justify the obscene money that they pay their senior executives.
Oh, the humanity.
Think of the venture capitalists!
The California Public Utilities Commission, which regulates private transport companies including Uber and Lyft, has ruled that the two upstarts' drivers should be recognized as employees instead of contractors.About f%$#ing time.
The issue over the status of drivers for ride-hailing companies has been controversial for a while. Cali Governor Gavin Newsom signed Assembly Bill 5, known as AB5, that classifies gig economy workers, such as Uber and Lyft drivers, as employees in the US state.
The law came into force in January this year, though Uber and Lyft have resisted the change. Both companies were sued by the state’s Attorney General Xavier Becerra last month for failing to recognize its drivers as employees. Now, the California Public Utilities Commission has weighed in.