The sharing economy is changing the nature of work, providing flexibility to workers who may not be looking for the same type of jobs all the time, Lyft CEO Logan Green told CNBC on Monday.
The ridesharing company and its competitor Uber are facing two separate lawsuits by some drivers who contend they've been misclassified as independent contractors and want full employee status.
While Green wouldn't comment specifically on the litigation, he pointed out that the company's mantra is "flexibility is the new stability."
"There's nothing about this that is a traditional employment relationship," he said in an interview with "Closing Bell."
"This type of sharing economy work, whether you are doing it for a few hours or just on your way into the office, is a whole different world."