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Supermarket Company Plans Cutbacks with 1,000 Jobs at Risk
Ocado aims to reduce technology costs from £290 million to £60 million by 2027 and will consult staff before finalizing any of the proposed 1,000 job cuts.
Summary by Wales Online
9 Articles
9 Articles
Ocado considers 1,000 job cuts as high-tech model faces pressure - InternetRetailing
Ocado Group is considering up to 1,000 job cuts to reduce costs after a challenging year for its automated warehouse division, according to The Sunday Times. These redundancies would account for about 5% of Ocado’s global workforce, with most expected at the UK head office. While redundancy discussions are at an early stage, the potential job losses highlight the pressure on the business. Despite being the fastest‑growing UK retailer for the sec…
Coverage Details
Total News Sources9
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
Factuality
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