Gig economy giants including Uber Technologies Inc., Lyft Inc. and DoorDash Inc. have won their effort to pass a hotly contested ballot measure that will exempt the companies from a state law requiring them to classify most of their workers as employees.
Uber and Lyft soared Wednesday after California voters, in the most expensive ballot initiative in state history, approved a ballot measure exempting gig-economy companies from the state labor law known as A.B. 5. Almost 58 percent of voters were supporting the proposition versus 42 percent against, with more than 80% of the vote reported, according to the California Secretary of State’s Office.
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