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UK's Ocado to cut 1,000 jobs as it aims to boost cash flows

Announcing a restructure, Ocado is cutting around 1,000 jobs and merging Ocado Solutions with Ocado Intelligent Automation into one division.
To trim costs Ocado will scale back R&D and aims to cut around £150 million in technology and support costs in 2026.
Citing its role as a tech supplier and grocery JV partner, the group confirmed around 5% of its global workforce will be cut, with two-thirds impacting its UK operations.

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Online retailer with south Essex warehouse to axe 1,000 jobs in £150m restructure

Ocado, which has a Purfleet warehouse, has announced plans to axe around 1,000 jobs as it looks to slash costs by about £150 million as part of a wider restructure

4 hours ago·Basildon, United Kingdom

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Reuters

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UK's Ocado to cut 1,000 jobs in cost saving drive

4 hours ago·United Kingdom

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BBC News

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Upstract

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Ocado to axe 1,000 jobs in cost-cutting drive

The technology and online grocery group is cutting about 5% of its global workforce, with two-thirds of the losses in the UK.

4 hours ago·United Kingdom

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Bloomberg

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Ocado to Cut Jobs as Its Automated Warehouse Rollout Stutters

Ocado Group Plc will cut about 1,000 jobs, or 5% of its global workforce, as the British online grocery delivery company grapples with the pullback by its biggest customer.

4 hours ago·United States

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