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Deliveroo riders call out company for pandemic profiteering ahead of IPO 09 Mar 2021 Press Release
Riders facing poverty pay and dangerous work form global network to highlight Deliveroo’s exploitative business model to investors.
Deliveroo and its early investors expect to raise billions from an imminent IPO on the London Stock Exchange, but the riders who make their service possible are crying foul. Riders say Deliveroo’s predatory business model means workers shoulder significant risks, including low pay rates, dangerous working conditions and unfair deactivations.
A global network of Deliveroo riders is warning potential investors of growing legal, regulatory, and reputational risks, urging them not to back the company until it improves rider safety, conditions and pay. Today riders published a letter to Deliveroo CEO Will Shu calling on the company to stop treating riders like second-class citizens.
Deliveroo is offering its users a bite out of its £5bn IPO. Will its users be hungry for profit, or put off by the company’s relationship with its self-employed riders?
Workers rights and role of trade unions | Gig economy theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.