UK supermarket cutting 1,000 jobs to save £150million - News Summed Up

UK supermarket cutting 1,000 jobs to save £150million


UK supermarket cutting 1,000 jobs to save £150millionIt is about five per cent of its workforceView Image A delivery driver for Ocado Group PlcOcado said it is cutting up to around 1,000 jobs across its UK and worldwide workforce as it looks to reduce costs by about £150 million as part of a restructure. The business, which runs robotic warehouses for supermarket chains as well as operating as an online super,marlet itself, is cutting 5% of its global workforce. ‌The group confirmed around 5% of its global workforce is being cut, with about two thirds of the job losses impacting its UK operations. The Hertfordshire-based group sells automation technology allowing retailers to pick and dispatch online food orders from giant robotic warehouses. It also runs a UK online grocery firm as a joint venture with Marks & Spencer.


Source: Daily Mirror February 26, 2026 16:11 UTC



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