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
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities