Lyft drivers entitled to US$126m in expense claims, court told
Each of them would have recouped an average US$835 over past 4 years if they had been classified as employees
San Francisco
DRIVERS who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated US$126 million in expense reimbursements had they been employees rather than contractors, court documents show.
Lyft drivers would have recouped an average of US$835 each under a standard rate for mileage reimbursement set by the US government, according to the documents, which were made public on Friday and had not been previously reported.
Lyft and larger rival Uber Technologies face le…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales