Takeaway delivery service Deliveroo is planning to axe up to 350 jobs mostly in the UK as families cut down on treats amid the cost of living crisis.
Around nine per cent of Deliveroo's workforce will be cut as founder Will Shu said a slowdown in the number of people who are ordering takeaways meant that the company's fixed cost base was too big. It is understood the majority of the cuts will affect the company's UK employees.
Demand for takeaways boomed during the pandemic as restaurants were closed, and Deliveroo orders doubled to 149m by August 2021. As well as employees, Deliveroo has about 100,000 self-employed drivers and riders in 12 countries. In June 2021, the UK Court of Appeal confirming that UK riders are self-employed.
