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Tech Companies Like Meta Are Announcing Mass Layoffs

Tech industry layoffs are currently reaching new heights, which could point towards uncertainties in the overall industry. Just days after Elon Musk fired nearly half of Twitter’s employees, comes another shocking news. Mark Zuckerberg, too, has jumped on the...

Lyft’s business is gradually recovering from the effects of Covid-19

Lyft released its financial results for the third quarter of 2020 on Tuesday, beating analyst's expectations. Recovery has been observed in the San Francisco-based ride-hailing company's sales from pre-pandemic days, but the revenue is still half of what it was last...

Proposition 22: Uber and Lyft drivers will remain Contractors, not Employees

Uber and Lyft have finally celebrated victory regarding the ongoing California labor law, as Proposition 22 — the most expensive ballot measures in California — has been approved by the court. The ballot had its facts put straight up, revolving around...

Uber to pay $650 million employment tax bill to New Jersey

Uber considers its drivers as contractors and not as employees because it does not pay the drivers. Instead, they receive 20% from each trip. New Jersey Department of Labor and Workforce Development, however, is not convinced with that argument....

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