(Bloomberg) — Uber Technologies Inc. and Postmates Inc. are unlikely to put a quick stop to a landmark California law they call a monstrous threat to their business models.A judge signaled Friday that she’s inclined to reject a request to temporarily shield the companies from Assembly Bill 5, which is aimed at converting gig-economy workers from independent contractors to employees with benefits.Uber and Postmates sought a preliminary injunction, an order insulating their drivers from A.B. 5’s protections, while they challenge the measure as unfair and unconstitutional. Reclassifying drivers as employees will add 20% to 40% in labor costs, the companies …read more
Source:: Yahoo Finance
