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Evening Standard
Evening Standard
Anna Wise

Ocado plans cost-cutting drive with up to 1,000 jobs at risk, says report

The business unveiled plans nearly a year ago to scale back its research and development workforce in the UK (Jonathan Brady/PA) - (PA Archive)

Ocado is drawing up plans that could put up to 1,000 jobs at risk as the retail technology group renews its focus on cutting costs and scaling back its workforce, reports have said.

The business, which runs robotic warehouses for supermarket chains, is in the early stages of talks over redundancies that would amount to about 5% of its global workforce, the Sunday Times reported.

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