Uber to pay up to US$100m to settle lawsuit over employment status
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SAN FRANCISCO] Ride service Uber has agreed to pay up to US$100 million to settle a class action lawsuit over whether its California drivers are employees or independent contractors.
Out of that money, US$84 million is guaranteed to drivers and US$16 million is contingent on an increase in Uber's value, according to a statement from lawyers representing the drivers.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Costly renewals: Transforming an old landed house into your dream home is getting harder