Technology

⚡Layoffs: British Company Ocado Group Reportedly Cutting 1,000 Jobs

By Team Latestly

Ocado Group is reportedly planning to cut 1,000 jobs, representing 5 per cent of its workforce, following a difficult year. The move targets UK head office and tech roles to reduce costs. This follows the closure of automated sites in North America. Ocado aims to be cash-flow positive by 2025-26.

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