Why November 3rd Just Became Critical for Uber
Being forced to reclassify drivers in California could spell doom for Uber’s dreams of global domination.
On Thursday, a California appeals court unanimously ruled that Uber and Lyft must reclassify their drivers in the state as employees.
The companies have 30 days to comply with the decision, which is part of a pitched battle over the future of the gig economy in California and the latest in a long line of global developments that could renew longstanding concerns about Uber’s viability. It also makes November 3rd, the day when Californians will vote on a ballot initiative that would exempt gig economy companies from reclassifying their workers, even more of a critical moment for Uber, Lyft, and others such as Postmates and Instacart.