Ocado weighs up to 1,000 job cuts – report

3 weeks ago 13

UK-based Ocado is considering cutting arsenic galore arsenic 1,000 roles arsenic portion of a renewed thrust to curb costs aft a challenging twelvemonth for its automated warehouse division, reported The Times.

The imaginable cuts would magnitude to astir 5% of the company’s worldwide headcount.

Discussions are said to beryllium astatine an aboriginal stage, and nary last determination has been made.

A root cited successful the study said the institution could marque an announcement arsenic soon arsenic this month.

Most of the affected positions would beryllium based astatine Ocado’s UK caput office, including exertion jobs and back-office roles crossed legal, concern and quality resources.

The radical is owed to merchandise its yearly results aboriginal this period and past period reiterated its ambition to go cashflow affirmative successful the adjacent fiscal year.

In the erstwhile year, it disclosed plans to destruct 500 exertion and concern roles aft carrying retired 1,000 redundancies crossed the concern successful 2023-2024.

The concern supplies robot-operated warehouse systems to supermarket chains and operates an online market associated task with Marks & Spencer.

Its 2 large customers successful North America person precocious announced closures of respective lawsuit fulfilment centres.

Kroger said successful November 2025 that it would unopen 3 sites, portion Canada’s Sobeys confirmed plans past period to adjacent a installation successful Calgary, citing slower-than-expected maturation and the standard of the section online market market.

Mutual exclusivity agreements betwixt the radical and astir retailers utilizing its exertion expired successful December, prompting analysts to caution that caller events could complicate aboriginal partnerships.

The institution expects to unafraid hundreds of millions of pounds successful compensation linked to the warehouse closures, but it has remained loss-making since launch, with yearly pre-tax losses narrowing to £374.5m ($509.88m) from £393.6m successful 2024.

"Ocado weighs up to 1,000 occupation cuts – report" was primitively created and published by Retail Insight Network, a GlobalData owned brand.


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