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Uber to Cut Up to 70% Jobs, Leave ‘Hundreds’ of EU Cities if Gig Workers Become Employees

Uber is expressing concern over a proposed law in the European Union (EU) that could have a significant impact on its operations and workforce. If the current EU proposal is passed, it could lead to a reduction in Uber’s operations and job cuts across Europe. Moreover, the ride-hailing company warned that fares may increase by up to 40% following the implementation of this law.

The EU proposal seeks to classify gig workers, such as Uber drivers, as de facto employees, granting them additional rights and benefits. However, Uber argues that this move would fundamentally change its business model, which relies on a flexible and independent workforce. The company believes that being forced to treat drivers as employees would lead to the need for a smaller workforce and a reduced number of available services. Additionally, Uber anticipates that fares would rise significantly to compensate for the increase in labor costs.

This potential development highlights the ongoing struggle between gig economy companies and regulators around the world. While gig workers advocate for better labor protections and benefits, companies like Uber argue that reclassifying workers would undermine their ability to provide affordable and flexible services. The outcome of this EU proposal could have a profound impact on the gig economy and set a precedent for similar debates in other regions.

Keywords: Uber, European Union, gig workers, job cuts, fares, EU proposal, workforce, independent workforce, flexible services, gig economy, labor protections, labor costs.

Hashtags: #Uber #EuropeanUnion #GigWorkers #JobCuts #Fares #EUProposal #FlexibleServices #GigEconomy #LaborProtections #LaborCosts.

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