The group said the jobs would largely go in its research and development teams as it scales back investment in that area.

By Nikhil Sharma and Purvi Agarwal (Reuters) -European shares retreated from record highs on Thursday, with automakers ...

British stocks ended mixed, with the FTSE 100 lifted by Rolls-Royce and LSEG's optimistic forecasts, while Ocado's slower ...

Ocado Group PLC closed 49.57% below its 52-week high of £5.41, which the company reached on February 29th.

Tim Steiner, Ocado’s chief executive and resident purveyor of corporate euphemisms, described the cuts as "never something ...

LONDON (Reuters) - Ocado, the British online supermarket and technology group, is confident its U.S. grocery partner Kroger ...

(Alliance News) - Ocado Group PLC on Thursday said it made good financial progress in the potential of automation to improve retail supply chains in the past financial year, as it is focused on ...

Skippy peanut butter maker Hormel Foods on Thursday missed first-quarter profit estimates, hurt by higher input costs and the ...

By James Davey LONDON (Reuters) -Shares in Ocado, the British online supermarket and technology group, plunged on Thursday on ...

The online grocer posted statutory group pre-tax losses of £374.5 million against losses of £393.6 million a year earlier.

Ocado , the British online supermarket and technology group, reported a smaller annual loss and said it was on track to hit ...

Ocado reported a narrowed loss for its fiscal 2024, driven by an improved performance by the retail joint venture it co-owns ...