Ocado to cut 1,000 jobs in £150m cost-saving drive

Retail technology business to reduce about 5% of global workforce, with two-thirds of job losses in UKBusiness live – latest updatesOcado is to cut 1,000 jobs as the retail technology business attempts to £150m in costs though a substantial restructuring programme.The company confirmed that about 5% of its global workforce will be affected, with roughly two-thirds of the job losses affecting its UK operations. Continue reading…