that the gig worker model “led to precarious working conditions”. Just Eat Takeaway will employ food-delivery drivers in the UK as independent contractors or through third party agencies.
The U-turn will reduce costs, but only marginally. Fully employed workers in the UK only delivered a low single-digit percentage of total orders in the country. Since Britain and Ireland only23 million euros of adjusted EBITDA in 2022, the savings look minimal. The bigger issue is how to turn the tide in markets such as southern Europe, Australia and New Zealand, which collectively generated an adjusted EBITDA loss of 161 million euros.
Sacrificing workers’ rights amid a cost-of-living crisis also doesn’t make Groen look good. True, peers such as Uber Eats and Deliveroo
True, if $TKWY sells/stop ANZ the company can double in value. Easy fix, just do it!