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…
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