How do I handle gig company reclassifying workers?

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Illustrative scenario prepared by my practice.
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Hypothetical question

EDIT: added more context below. Fwiw looking for advice on a legal issue. Here's what happened.

gig company reclassifying workers. I've been dealing with this for about 13 months now and the situation isn't improving.

I have worked at this company for 2 years. My position is exempt and I do not have a written employment agreement beyond the standard offer letter.

What are the risks if I pursue this? What's the likely timeline?

Illustrative response

Following this thread — Same. 100% same. Please update.