Uber CEO says company will shut down in California if forced to make drivers full-time employees

Ride-hailing app Uber could close operations in California if the state upholds a law that would require its drivers to be considered full-time employees.

CEO Dara Khosrowshahi told MSNBC that "it's hard to believe we'll be able to switch our model to full-time employment quickly" if a judge does not grant an appeal against a preliminary injunction that prohibits Uber and Lyft from relying on their drivers as independent contractors, ineligible for company benefits and unemployment insurance.

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