‘Gig work’ rule is in Biden administration’s crosshairs, sending DoorDash and Lyft stocks to all-time lows
admin The Labor Department on Tuesday proposed a rule that could cut at the heart of…
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Lyft to freeze hiring through end of the year
Ride-hailing giant Lyft Inc. is freezing hiring through the end of 2022, the company confirmed…
Read MoreUber and Lyft drivers net less than $7 an hour after California law passed, driver-led study finds
Ride-hailing drivers in California are taking home about $6.20 an hour under a law that…
Read MoreFTC sends a warning to Uber, Lyft, DoorDash and other ‘gig-work’ companies
The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation…
Read MoreLyft to sublease its office space in four cities because of remote work
Lyft Inc. said Tuesday that it will sublease nearly half of the office space in…
Read MoreWhat gig workers who have been scammed must do to avoid losing even more to taxes
Gig workers who lose earnings through scams or identity theft need to take action to…
Read MoreLyft forms new media division to expand its advertising services
Lyft Inc. LYFT, -0.12% has formed Lyft Media, a new business unit consolidating and expanding…
Read MoreLyft stock rises as riders, drivers and rides hit highest points since pandemic began
Lyft Inc. saw active riders, drivers and rides reach a COVID-19 pandemic high in the…
Read MoreBill to enshrine gig work into federal labor law ‘would effectively get rid of the minimum wage and overtime compensation’
A bill introduced in the U.S. House of Representatives would amend U.S. labor law to…
Read MoreLyft to end direct car rentals, will lay off 60 workers
Lyft Inc. said Wednesday that it is discontinuing its direct car-rental business and is laying…
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