The group confirmed around 5% of its global workforce is being cut, with about two-thirds of the job losses impacting its UK operations.
Most of the UK cuts will affect staff at the firm’s headquarters in Hatfield, Hertfordshire.
The business, which is a joint venture between Ocado Group and Marks & Spencer (M&S), said it plans to scale back research and development (R&D), helping it trim around £150 million in technology and support costs in 2026.
The group also said it will restructure its commercial, support and R&D operations, which will see Ocado Solutions and Ocado Intelligent Automation merged into a single division.
Ocado chief executive Tim Steiner said: “Regrettably, this means 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.”
Turbulent start to 2026 for UK high street
It has been a rough start to 2026 for the UK high street, with several retailers entering administration and others announcing widespread store closures.
Major high street retailers, including River Island , Primark, and Poundland , have been forced to close stores already in 2026.
Revolution owners The Revel Collective also closed 21 bars across the country in January after falling into administration, resulting in the loss of 591 jobs.
Several other retailers have fallen into administration in recent weeks, including:
Meanwhile, four UK travel companies have also closed in the opening weeks of 2026:
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Tesco also recently revealed plans to cut 380 jobs in stores across the UK, while its been reported that Morrisons is looking to sell some of its in-store pharmacies as it continues to cut costs.
It’s not been all bad news for the UK high street, with several major brands announcing new store openings for 2026, including Aldi, M&S, Superdrug, and Lidl.
Which recent shop closure has affected you the most? Let us know in the comments below.
