Uber Driver Is An Employee, Not Contractor, Rules California Labor Commission

Uber Driver Is An Employee, Not Contractor, Rules California Labor Commission:
Could the world wake up one morning and find ride-hailing service Uber struck dead, shackled to hundreds of thousands of drivers that have suddenly been deemed expensive employees?
In the wake of a ruling from a California Labor Commissioner Wednesday that said Uber driver Barbara Berwick was an employee, it sounded like it was possible.
The ruling was called Uber’s “worst nightmare,” a bad omen that “should frighten” and “ blasts a big hole in” all contractor-based businesses.
One reporter wondered on Twitter if Uber’s $50 billion valuation priced in the fact that it could be “instantly vaporized” and said he’d been told the lawsuits were “an existential threat” to the company and others like it...