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Uber CEO says company is likely to shut down temporarily in CA over driver ruling

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Uber CEO Dara Khosrowshahi said the company will likely shut down service in California temporarily if it's forced to classify its drivers as full-time employees.

Khosrowshahi made the comment Wednesday during interview on MSNBC.

The announcement comes days after a judge ordered ride-hailing giants Uber and Lyft to treat their California drivers as employees instead of independent contractors, a shift that would guarantee benefits like overtime, sick leave and expense reimbursement for workers who make up much of the freewheeling gig economy.