New York Governor Says Uber Reaches Settlement With New York State Department Of Labor Related To Unemployment Benefits For Drivers; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Uber has reached a settlement with the New York State Department of Labor regarding unemployment benefits for drivers. The terms of the settlement have not been disclosed.
November 02, 2023 | 2:01 pm
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NEUTRAL IMPACT
Uber's settlement with the New York State Department of Labor could potentially impact its financials, depending on the undisclosed terms. It may also affect the company's relationship with its drivers.
The settlement could have financial implications for Uber, depending on the terms, which have not been disclosed. It could also affect the company's relationship with its drivers, which is a key aspect of its business model. However, without more details, it's difficult to predict the exact impact.
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