FoodGB

Ocado Layoffs

February 2026

Ocado announced a layoff affecting 1,000 employees (5% of its workforce) in February 2026. The company operates in the Food sector.

People Affected

1,000

Percentage

Announced Date

Feb 26, 2026

About

Ocado, the UK-based retail technology and online grocery company, is cutting 1,000 jobs, representing about 5% of its global workforce, as part of a £150 million cost-saving drive announced in late February 2026. Approximately two-thirds of the layoffs will affect its UK operations, with half of the roles being in technology and the rest in support functions. The restructuring follows the completion of major projects, including a new generation of robotic equipment and digital platforms for retailers, reducing the need for extensive R&D staff. CEO Tim Steiner cited increased productivity from AI in software development and a slower-than-expected market for large automated warehouses in the US as factors. The company is merging divisions and scaling back R&D to focus on delivering existing technology, including smaller-scale solutions for local stores. This move comes a year after Ocado eliminated 500 technology roles, reflecting ongoing adjustments in its business model.