Skip to content
Subscriber Only

Lyft to Suspend Ride-Sharing Operations in California

  • Lyft shares slump as company retreats from home state
  • New California law would upend gig economy business models
Bloomberg business news
Uber, Lyft Ordered to Convert Drivers Into Employees
Updated on

Lyft Inc. said it will suspend ride-sharing operations in California as of midnight, making good on its promise to stop doing business in the state rather than comply with a law to reclassify its drivers as employees.

“This is not something we wanted to do, as we know millions of Californians depend on Lyft for daily, essential trips,” the company wrote in a blog post on Thursday. “We’re personally reaching out to riders and drivers to share more about why this is happening, what you can do about it, and to provide some transportation alternatives.”