Close Window

Digital Look Email A Friend

Ocado shares dive as 1,000 jobs axed in £150m cost-cutting drive

Published by Frank Prenesti on 26th February 2026

(Sharecast News) - Shares in UK grocer and technology group Ocado slumped on Thursday said it would be slashing around 1,000 jobs as part of a drive to save £150m in costs after setbacks to its automated warehouse programme rollout.

URL: http://www.digitallook.com/dl/news/story/35724660/...

Email this article to your friends
NOTE: These email addresses will be used to email the information on your behalf and will not be collected by Digital Look for any marketing purposes.