Don’t be fooled by Deliveroo’s share handout – 30,000 workers are excluded from its success

Companies like Uber and Deliveroo are corporate rent seekers, not decent employers.

This week Deliveroo announced it was handing over a share pot worth £10m to its employees, but the firm’s 30,000 riders won’t be cycling off with a windfall anytime soon. This lolly is reserved for 2,000 management insiders, because Deliveroo insists its riders are self-employed contractors not worthy of a stake in the business literally built on their backs.

Deliveroo founder Will Shu explained the scheme in a letter to the chosen ones: