Ocado Group plans to eliminate 1,000 roles and restructure its technology operations following partner fulfilment centre closures, aiming to reduce costs and improve cash flow.
The UK-based online grocery and fulfilment technology provider confirmed the job cuts to Retail Insight Network.
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In a comment released alongside the results, Ocado CEO Tim Steiner said the restructuring meant “a significant number of roles will no longer be required. We are grateful to colleagues who are affected by these changes, and whose talent and hard work have made a lasting contribution to Ocado. We will support those impacted through this process”.
As part of the reorganisation, Ocado Solutions and Ocado Intelligent Automation will be combined under a single commercial structure, alongside adjustments to commercial, support and R&D teams.
Ocado said the restructuring programme is designed to deliver £150m in savings across its technology and support functions by FY27.
It added that this includes scaling back research and development after completing its “Re:Imagined” technology cycle.
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By GlobalDataThe group said the integration would support expansion into grocery and adjacent sectors through a unified sales and account model.
The overhaul follows decisions by partners, including Kroger and Sobeys, to close four automated customer fulfilment centres in North America in early 2026.
It also cited productivity improvements from AI and tighter cost controls, noting 500 technology roles had already been removed in the prior year.
In its financial results for the year ended 30 November 2025, the company reported revenue growth of 12.1% to £1.36bn.
Technology solutions business revenue rose 13% to £561.2m while logistics grew 11.5% to £800.3m.
Adjusted earnings before interest, taxes, depreciation, and amortisation reached £178m, up from £111.7m, with the technology solutions unit contributing £140.3m.
After tax, Ocado reported a profit of £388.4m versus a £352.6m loss in FY24.
