Ocado to axe 1,000 jobs in cost-cutting drive
The technology and online grocery group is cutting about 5% of its global workforce, with two-thirds of the losses in the UK.
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Notable Quotes
"Regrettably, this means a significant number of roles will no longer be required."
— Tim Steiner , Executive
"Ocado's decision to cut hundreds of local jobs will hit hard."
— Andrew Lewin , Politician
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The technology and online grocery group is cutting about 5% of its global workforce, with two-thirds of the losses in the UK.
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