Ocado to Cut 1,000 Jobs in Cost-Cutting Measure
Ocado, the technology and online grocery group, plans to reduce its global workforce by 1,000 jobs, with two-thirds of the cuts affecting its UK operations, as part of a cost-cutting initiative.
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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 Business live – latest updates 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. Continue reading...
By PA Media
Read full article →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.
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