Ocado to Lay Off 1,000 Employees Amid Cost-Cutting Efforts

• British supermarket technology company Ocado Group PLC plans to lay off up to 1,000 employees, about 5% of its global workforce.
• This marks the third consecutive year of significant job cuts, following 500 layoffs in 2025 and 1,000 in 2023-24.
• The layoffs are expected to affect UK headquarters, including technology, legal, finance, and HR positions.
• The announcement comes ahead of Ocado's business results presentation on February 26, 2026, as it aims for positive cash flow.
• Ocado's business model, selling robot-operated warehouse technology, faced setbacks after two major North American clients closed automated facilities.