Ocado to cut 1,000 jobs in £150m cost-saving drive
by Sarah Butler and agencies from on (#73VED)
Major restructure by retail technology business will lead to reduction of about 5% of global workforce
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.
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