Ocado to cut 1,000 jobs in £150m cost-saving drive
Major restructure by retail technology business will lead to reduction of about 5% of global workforce
Ocado is to cut 1,000 jobs as the retail technology business attempts to slash costs by £150m in a major restructure.
The group confirmed about 5% of its global workforce is being cut, with about two-thirds of the job losses affecting its UK operations.
Source: Theguardian.com
Original source: https://www.theguardian.com/business/2026/feb/26/ocado-to-cut-1000-jobs-in-150m-cost-cutting-drive
