Uber and Lyft just lost their bid to delay a court order in California that says their drivers must be classified as employees (UBER, LYFT)
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- Uber and Lyft on Wednesday threatened to shut down their apps in California over a long-running labor dispute.
- The companies requested a 10 day delay on a prior ruling that said drivers must be classified as employees.
- On Thursday, the judge denied that request.
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A California judge on Thursday refused to grant Uber Technologies Inc and Lyft Inc more time to appeal his decision requiring the ride-hailing companies to classify drivers in that state as employees.
At a hearing in San Francisco Superior Court, Judge Ethan Schulman said he found no reason to push back his Aug. 20 deadline for the companies to appeal the preliminary injunction he issued on Monday before it could take effect.See the rest of the story at Business Insider
See Also:
- Lyft reports a 61% revenue slowdown as the coronavirus hobbles ride-hailing, but still manages to beat Wall Street expectations
- Lyft couldn't pivot to food delivery or overseas markets as the coronavirus decimated ride-hail in the US. Here's what to expect from its earnings report.
- Uber reports a $1.78 billion loss as its food-delivery business outshines rides for the first time
