Uber wants to redefine employment. More than 50 labor groups are fighting back [Los Angeles Times (CA)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Los Angeles Times
A coalition of about 50 labor groups is asking congressional leaders to reject Uber Chief Executive Dara Khosrowshahi’s proposal for a new legal category that would allow the company to keep treating its workers as independent contractors while affording them partial employee benefits. In a letter sent Wednesday, the organizations — which include the National Employment Law Project, AFL-CIO, Legal Aid Society, Rideshare Drivers United and Gig Workers Rising — argue these workers have been misclassified as contractors and the resulting lack of benefits has left them “uniquely vulnerable” to the coronavirus pandemic. The groups accuse Uber of “exploiting the moment to further strip protections from those on the front lines of the crisis.” In a March 23 letter to President Trump, Khosrowshahi asked the government to create a new kind of worker designation that would combine the flexibility of being an independent contractor with some of the benefits and protections of being an employee.
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UBER
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- Uber Technologies (NYSE:UBER) was upgraded by analysts at BNP Paribas to a "strong-buy" rating.MarketBeat
- Uber's trying to snow voters with a supposedly pro-consumer ballot initiative. Don't buy it [Los Angeles Times (CA)]Los Angeles Times
UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- UBER's page on the SEC website