Lyft's president threatened to shut down its California operations over a court ruling requiring it to reclassify drivers as employees (LYFT, UBER)

Business Insider

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· Lyft president John Zimmer said that the company may pause all operations in California if forced to comply with a recent court ruling ordering it to reclassify drivers as employees.
· Zimmer told investors during its earnings call Wednesday that California accounts for about 16% of its total rides.
· Regulators said the...

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