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UK online supermarket Ocado plans to cut ~1,000 jobs and restructure its automated warehouse tech business; Kroger and Sobeys exited their Ocado deals early (Philip Stafford/Financial Times) from Techmeme RSS feed.
UK online supermarket Ocado plans to cut ~1,000 jobs and restructure its automated warehouse tech business; Kroger and Sobeys exited their Ocado deals early (Philip Stafford/Financial Times)
Philip Stafford / Financial Times:
UK online supermarket Ocado plans to cut ~1,000 jobs and restructure its automated warehouse tech business; Kroger and Sobeys exited their Ocado deals early — Company warns key business's earnings will be hit by end of prolonged period of capital investment