Zego: A company that provides insurance and other financial services for the gig economy, including ride-sharing, delivery, and other on-demand services.

On May 18, 2020, 3,000 more job cuts and 45 office closures were announced.
Around the same time, construction finished on Uber’s new headquarters on Third Street in San Francisco’s Mission Bay neighborhood, comprising several 6- and 11-story buildings connected by bridges and walkways.
In June 2019, both COO Barney Harford and CMO Rebecca Messina stepped down.
In July 2019, the marketing department was reduced by a third, with the layoff of 400 people amid continued losses.
In early September 2019, Uber laid off yet another 435 employees with 265 from the engineering team and another 170 from the product team.
California automatically registers eligible individuals to vote if they complete a license, identification card, or change of address transaction through the Department of AUTOMOBILES.

  • There has also been research focusing on sharing economy platform intermediaries coping with durables (e.g., real estate, autos, lawn-mower sharing, etc.).
  • On October 22, 2020, First District Court of Appeal upheld the low court’s order, stating that Uber and Lyft had 30 days to reclassify drivers as employees.
  • Several workers will face similar challenges to platform workers and it is, therefore, of interest to check out this group of workers more broadly – also because the rise in solo self-employment in a few countries has been driven by policy decisions instead of by technology.

“Uber reaches $148 million settlement over its 2016 data breach, which affected 57 million globally”.
“50,000 Uber driver names, license plate numbers exposed in a data breach”.
“Uber reportedly disrupted government investigations for nearly 24 months with a ‘secret’ system called ‘Ripley’ “.

And finally, gleam widespread and growing awareness of contested openness and access, in addition to problematic distinction effects, from potential participants’ social connections, and their race and class, ethnicity and education.
Problems with social bonding and perceived fairness seem to be occurring for various platforms, despite the related intermediary’s promises to market sharing economy values.
This is happening because of ineffective internal oversight and the normal “tragedies of a commons” issues .
With federal regulators set to tighten Trump-era labor standards that let Uber and Lyft, as well as food-delivery services like Doordash, treat gig workers as independent contractors with few protections under labor law, shares dropped sharply the other day.
But while a shift, the Department of Labor proposal doesn’t immediately transform gig workers into employees eligible for overtime pay, unemployment insurance along with other benefits.
One of many key aspects of business model innovation among sharing economy firms that use suppliers (e.g., drivers, delivery and task-specific gig-workers) is related to the price-setting mechanisms.

Digital Financial Infrastructure B2b2c Working Age Series A Middle-income Non-salaried/irregular Income Workers Peri-urban

Based on the latest PYMNTS Gig Economy Index™, 69 percent of gig workers say they’d stick making use of their gigs over a full-time job….
Startup Zego has raised just over £1 million in seed funding from investors, including LocalGlobe, with FTSE 100 company Aviva, for an “insurtech” product for gig economy delivery drivers.
According to Tech Crunch, while companies like Uber and Deliveroo are receiving bigger, the issue of…
If the talent proves to be significantly less than acceptable, there is no contract to help keep the employee on or issues of permitting them to go.
In addition, in a time when it is becoming difficult to attract full-time workers, employers can hire from the gig economy.
While not all employers tend to hire contracted employees, the gig economy trend can make it harder for full-time employees to build up within their careers since temporary employees are often cheaper to hire and more flexible within their availability.

The rise of new software platforms presents regulators and antitrust agencies around the world with challenging.
Should competition law change its paradigm in relation to the sharing economy?
Regardless of the growing expansion of these services, in most countries there is still no regulatory framework addressing these problems.
Indeed, it is at the mercy of a lot of ongoing lawsuits merging many issues, which range from questions regarding labour law to problems connected with unfair competition laws.
This article first analyses this business design adopted by Uber and the antitrust concerns that it could raise.
In so doing, the paper pays heed to the approach that antitrust authorities should take towards the complex rivalry between incumbents and new entrants.

Status Of Employees

This may damage ecosystems, harm threatened species of wildlife, and diminish the value of unprotected spaces.
One example of the is the Indonesian government’s April 2019 decision to close Komodo Island from January to December 2020 due to excess tourism and declining habitat quality for its endangered species of large Komodo dragon lizards.
Though this decision was later rolled back October 2019, other countries closed and adjusted usage of key tourism destinations due to their over-use and concerns about environmental impacts.

In comparison, global unemployment increased by 22 million compared to the 2008–2009 economic crisis.
Additionally it is expected that, worldwide, there could be as many as 35 million more in ‘working poverty’ than prior to the pre-COVID-19 period for 2020.
Being some of the worst-hit victims of the national lockdowns, the gig economy’s army of workers

Uber

#1 Open Data and Payments Platform Brick provides payments and open data solutions that allow companies to easily build and use streamlined financial services.
With access to modern B2B payment solutions and better data, companies can serve their users better through personalization and real-time payments.
Brick’s solutions are employed by leading fintech apps, including peer-to-peer lending, personal finance management, investment brokerage platform, and blue-collar job portals.

This could be seen as an enormous diffusion of the classic Bed & Breakfast accommodation and hospitality model, but in some cases, there exists a complete home exchange rather than simple cohabitation and sharing.
In this sector, the most well-known brand is Airbnb (), with USD 2.6 billion in revenues in 2017 , and USD 4.3 billion for the year through August 2019 (AllTheRooms.com, 2020).
In contrast, two other companies act as intermediaries for free hospitality services.
Couchsurfing () was launched in 2003 and reached 15 million users in early 2018, with about 4 million users each year .
BeWelcome (, 2020) is really a volunteer organization, which had 125,626 users at the end of 2019.
Inside our present work, we’ve sought to identify pressing problems and leading issues in industry and subsector settings.

Regulations may therefore must be adapted/clarified, and monitoring and control mechanisms strengthened and improved.
However, an issue arises where incentives are so strong concerning lead to an “inefficiently high” level of self-employment.
Furthermore, to the extent that the self-employed participate less in training, high degrees of self-employment could become a drag on productivity.
This chapter focuses on these non-standard forms of work and, in particular, on the grey area between self- and dependent employment.
After providing an overview of trends in self-employment, own-account and platform work (section 12.1), the chapter provides a comprehensive policy discussion – covering employment regulation, social protection, tax, social dialogue and skills (section 12.2).

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