What a weekend for workers at Lyft. The company plans to “significantly reduce” its workforce, the company’s new CEO David Risher has told employees, in another round of layoffs as it struggles to turn a profit and pull off a turnaround. The news came at end of his first week as Lyft’s CEO.
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The rise of side hustles has been criticized as a symptom of a gig economy that exploits workers and creates a culture of underpaid and precarious labor. Can the new “flexwork” trend save the side hustle?
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Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.
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Lyft announced on Monday that Amazon veteran David Risher will join as chief executive next month, and that co-founders Logan Green and John Zimmer will step down from their management positions at the ride-hailing company. Here’s what’s happening.
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App-based ride hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled Monday, allowing the tech giants to bypass other state laws requiring worker protections and benefits.
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If you’re in a bind and need some fast ways to make cash, here are 15 different ways to make money now, increase your income, and help you save extra money to deal with emergency expenses. So, let’s make some quick bucks.
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Uber’s strong quarterly earnings report early Wednesday drew praise from a Wall Street analyst. Here’s what he had to say.
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Clients often have specific needs that not all workers can properly fulfill. This type of problem is one of the many lines of research being developed by Jiaming Xu, associate professor in decision sciences at Duke University’s Fuqua School of Business.
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The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees, potentially curtailing access to benefits and protections they rightfully deserve.
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