Uber and Lyft pickup sign For both Uber and Lyft, the prospect of being compelled in their home state to completely overhaul how drivers are compensated is an existential threat. (Photo: Shutterstock)

Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees.

“We can make independent work better if we update century-old employment laws,” Uber Chief Executive Officer Dara Khosrowshahi and Lyft co-founders Logan Green and John Zimmer wrote in a rare, jointly written opinion column published Wednesday in the San Francisco Chronicle. “Many drivers are offering ideas to improve their experience, and companies like ours have a responsibility to come to the table prepared to do our part.”

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