Lyft, Uber execs strike balance in reaction to withdrawal of gig worker rule

Executives from Lyft (NYSE: LYFT) and Uber (NYSE: UBER) were under the microscope this week during their Q1 analyst earnings calls, and while they struck diplomatic tones around the regulatory environment surrounding gig workers, other stakeholders did not hold back.

“The decision by the Department of Labor to rescind the final independent contractor rule is disappointing as it disregards the will of individual workers, who greatly value the flexibility inherent in independent work,” said the...

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