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Deliveroo urged to rethink its treatment of workers as its shares plummet on Stock Exchange launch
A Deliveroo rider on Worcester High Street
FOOD-DELIVERY giant Deliveroo was urged to rethink how its workers are treated today after shares in the firm plummeted as it made its highly anticipated launch on the London Stock Exchange.
About £2 billion was wiped off its value as London traders raised concerns about the firm’s business model.
Deliveroo was forced to price shares at the very bottom of its potential price range after a number of fund managers said that they would reject the listing, amid concerns over workers’ rights and its shareholder structure.
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