Ocado to axe 1,000 jobs in cost-cutting restructure

Ocado warehouse

Under the restructure, 1,000 jobs will be lost as Ocado fold its commercial brands Ocado Solutions and Ocado Intelligent Automation into a single entity

Ocado CEO Tim Steiner this morning confirmed that “a significant number” of jobs would be lost as Ocado shifted to a “lower structural cost base”.

Already have an account? Sign in here

Want access to this article?

Register for LIMITED access

REGISTER FOR FREE

Get PREMIUM access for £1 a week

SUBSCRIBE NOW