I don't buy this argument. Of course a company doesn't want to spend money on their employees, and so they will do whatever they can to avoid it. That doesn't mean they should be able to get away with it. This kind of argument, that regulations "kill jobs" is not supported by reality, and is just them threatening to take their ball and go home if they don't get their way, like the spoiled child on the playground.

It's literally financially untenable to have more costs for employees than the revenue they bring in. This is basic math and no amount of "I don't buy this" is going to change that reality.

And the part I don't buy is that this is the case. I don't buy that Uber can't afford to treat their employees like people, and if they actually can't, then they need to go out of business so companies that can are able to grow.