[block_2]
Ocado Group has confirmed it is slashing around 5% of its global workforce. The axe will fall mostly on UK staff, with two-thirds of job losses hitting the firm’s Hatfield, Hertfordshire HQ.
£150M Savings by Slashing R&D
The Ocado-Marks & Spencer joint venture plans to scale back research and development to trim £150 million from its technology and support bills by 2026. The restructure will merge Ocado Solutions and Ocado Intelligent Automation into one streamlined division.