Overview
- Discussions are at an early stage and no final decision has been taken, according to multiple reports.
- An announcement could come this month, potentially before annual results on 26 February.
- The roles most at risk are at the UK head office, including technology and back‑office functions such as legal, finance and human resources.
- Ocado says it routinely reviews operations and will support staff through any changes, as it reiterates a goal to turn cashflow positive in the next financial year.
- Kroger is closing three Ocado-run fulfilment centres and Sobeys plans to shut a Calgary site, exclusivity agreements with most partners expired in December, and the share price has fallen by nearly a third over the past year.