February 9, 2026 9:10 AM, EST
Ocado Group Plc is planning to slash a significant number of jobs as the U.K.-based grocery technology firm renews efforts to cut costs, the Times newspaper reported.
The redundancies could impact as many as 1,000 jobs, or roughly 5% of the company’s global head count, the newspaper said, adding that a final decision hasn’t been made.
The majority of the cuts are expected to be in Ocado’s U.K. head office, a person with knowledge of the matter told the Times.
Ocado in December said it would receive a one-time cash payment of $350 million from Kroger Co., more than previously announced, after the U.S. grocer decided to close three automated warehouses and scaled back plans for a wider rollout.
