The food delivery company is a case study in the destructive nature of its own ‘disruptive’ business model
• See all our coronavirus coverage
If any company can weather coronavirus well, it should be Deliveroo. The early days of lockdown saw demand surge for the service delivering food from restaurants and takeaways. The decision by several major restaurant and fast-food chains to shut for weeks during the early stages of lockdown might have dented demand, but as they begin to reopen for delivery – with most other activities still curtailed – prospects would seem bright for the tech company.
The reality looks quite different. Earlier this week, Deliveroo was reported to be cutting 367 jobs (and furloughing 50 more) from its workforce of 2,500. Others seem to be in similarly bleak positions – Uber is said to be discussing plans to let go around 20% of its workforce, some 5,400 roles. The broader UK start-up scene has asked for – and secured – government bailout funds.
Continue reading...from The Guardian https://ift.tt/2WlND4n
via
0 Comments