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Ocado cuts 1,000 jobs, mainly in the UK, to save £150M amid retail sector struggles.
Ocado plans to cut about 1,000 jobs, or 5% of its global workforce, primarily in the UK, as part of a £150 million cost-reduction effort in 2026.
Most job losses will affect staff at its Hatfield headquarters, with changes including scaling back R&D, merging divisions, and reducing technology and support costs.
CEO Tim Steiner expressed regret and pledged support for affected employees.
The move reflects broader struggles in the UK retail sector, with multiple retailers entering administration, closing stores, and cutting jobs, though some like Aldi, M&S, Superdrug, and Lidl are expanding.
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Ocado recorta 1.000 puestos de trabajo, principalmente en el Reino Unido, para ahorrar 150 millones de libras en medio de las dificultades del sector minorista.