DoorDash, Inc. (NASDAQ: DASH) issued the following statement today:
Today, the Department of Labor finalized a new rule, applicable across a wide range of industries, providing its approach to worker classification under the federal Fair Labor Standards Act. We are confident that Dashers are properly classified as independent contractors under the FLSA, and we do not anticipate this rule causing changes to our business. We will continue to engage with the Department of Labor, Congress, and other stakeholders to find solutions that ensure Dashers maintain their flexibility while gaining access to new benefits and protections.
Millions of Americans choose to dash precisely because they want an option to work independently and differently from employment. The vast majority of Dashers already have a full- or part-time job or are primary caregivers, students, self-employed, or retired. That’s why they’re not looking for the structure, shifts, and hour demands of employment. In fact, the average time Dashers spend on delivery across the U.S. is less than 4 hours per week, and 90% of all Dashers average less than 10 hours per week on delivery. It’s no surprise that an overwhelming majority of Dashers prefer to remain independent contractors.
This communication contains forward-looking statements within the meaning of U.S. federal securities laws, which statements involve substantial risks and uncertainties.Forward-looking statements in this communication include, but are not limited to, statements with respect to the outcome of regulatory matters and their impacts on our business or the classification of Dashers as independent contractors. Our expectations and beliefs regarding these matters may not materialize and actual results could differ materially from those indicated or implied by such forward-looking statements. The forward-looking statements contained in this communication are subject to other risks and uncertainties, including those more fully described in our filings with the U.S. Securities and Exchange Commission. All forward-looking statements in this communication are based on information available to DoorDash and assumptions and beliefs as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law.