{"id":81170,"date":"2026-02-08T15:01:07","date_gmt":"2026-02-08T18:01:07","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/890520734"},"modified":"2026-02-08T15:01:07","modified_gmt":"2026-02-08T18:01:07","slug":"ocado-layoffs-tech-firm-to-cut-1000-jobs-amid-its-cost-cutting-plans","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/08\/ocado-layoffs-tech-firm-to-cut-1000-jobs-amid-its-cost-cutting-plans\/","title":{"rendered":"Ocado layoffs: Tech firm to cut 1,000 jobs amid its cost-cutting plans"},"content":{"rendered":"
<\/div>\n
\n

Ocado layoffs:<\/strong> British supermarket technology firm Ocado Group Plc is looking to cut up to 1,000 employee jobs as the grocery technology firm renews efforts to cut costs, reported the news portal The Sunday Times,<\/i> citing people aware of the development on Sunday, 8 February 2026.<\/p>\n<\/div>\n

\n

According to the agency report, Ocado’s job-cut move to lay off up to 1,000 jobs marks nearly 5% of the company’s global headcount, but the talks of the same are still in the early stages and a final decision is yet to be decided. <\/p>\n<\/div>\n

\n

\u201cWe regularly review our operations to ensure we\u2019re set up for long-term success,\u201d Ocado said, cited in the news report. \u201cIf and when decisions are made that affect our people, we are committed to communicating with them directly and ensuring they are supported throughout.\u201d<\/p>\n<\/div>\n

\n

The job cuts are expected to come into effect from this month, and the layoffs are set to hit the company’s UK-based head office. The layoffs will potentially hit the company’s technology roles along with some back office jobs across legal, finance and human resources teams, a person aware of the development told the news portal. <\/p>\n<\/div>\n

\n

In 2025, the company reportedly announced its plans to cut 500 jobs in technology and finance roles as the company looks to reduce spending on research and development, creating 1,000 job redundancies in 2023-24. <\/p>\n<\/div>\n

\n

Ocado results ahead<\/h2>\n

According to the news portal’s report, Ocado is set to report the company’s financial results on 26 February 2026. The company also last month reiterated its goal of becoming positive in cash flow in the upcoming financial year, \u201cunderpinned by rigorous cost and capital discipline.\u201d<\/p>\n<\/div>\n

\n

The company, which was founded in 2000, the company has built its business model on selling robot-operated warehouse technology to some of the world\u2019s biggest supermarkets, along with Marks & Spencer. <\/p>\n<\/div>\n

\n

Ocado Group Plc stock closed 0.70% higher at 231.50 GBX (Great British Pence) after Friday’s trading session, compared to 229.90 GBX, according to the MarketWatch data. <\/p>\n<\/div>\n

\n

According to the news portal’s report, shares of the company have plunged by nearly one-third level over the last year. The company’s two key North American customers announced plans to close a number of automated facilities over concerns over cost and efficiency. <\/p>\n<\/div>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ocado layoffs: British supermarket technology<\/span> firm Ocado Group Plc is … employee jobs as the grocery technology<\/span> firm renews efforts to cut … hit the company's technology<\/span> roles along with some back …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-81170","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/81170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=81170"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/81170\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=81170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=81170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=81170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}