Ocado Slashes 5% of Global Staff in Major Shake-Up
Ocado Group is axing around 5% of its worldwide workforce, with the bulk of job losses hitting UK employees hard. Two-thirds of the cuts will come from the firm’s Hatfield, Hertfordshire headquarters.
£150 Million Saved by Cutting R&D Costs
The Ocado-Marks & Spencer joint venture is tightening its belt by slashing £150 million from its tech and support bills by 2026. The firm will merge Ocado Solutions and Ocado Intelligent Automation into one leaner, meaner division.