{"id":3779,"date":"2026-02-26T11:07:22","date_gmt":"2026-02-26T11:07:22","guid":{"rendered":"https:\/\/www.worldpumpnews.com\/?p=3779"},"modified":"2026-02-26T11:07:22","modified_gmt":"2026-02-26T11:07:22","slug":"supermarket-to-cut-1000-jobs-in-cost-saving-restructuring-scheme","status":"publish","type":"post","link":"https:\/\/www.worldpumpnews.com\/?p=3779","title":{"rendered":"Supermarket to cut 1,000 jobs in cost-saving restructuring scheme"},"content":{"rendered":"<p><\/p>\n<div><img loading=\"lazy\" alt=\"Supermarket to cut 1,000 jobs in cost-saving restructuring scheme\" width=\"620\" height=\"500\" decoding=\"async\" data-nimg=\"1\" class=\"w-full object-cover rounded-md\" style=\"color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 620 500'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAQAAACEN3D\/AAAAL0lEQVR42mP4z8DAwMiAARgZGJhY+P\/\/PwMDAwPDfwYGBgaGhgYGhgYGAAD9Hwlr5xRngAAAAABJRU5ErkJggg=='\/%3E%3C\/svg%3E&quot;)\" src=\"https:\/\/cms.joe.co.uk\/uploads\/2026\/02\/Tied-Shopping-Trolley-on-Front-of-Supermarket-2.jpg?height=683&amp;width=1024\"\/><!--$--><\/p>\n<p><h2>Two-thirds of redundancies are expected in the UK<\/h2>\n<\/p>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose drop-cap \">\n<p>An online supermarket is set to cut 1,000 jobs across its global operations in a cost-saving restructuring scheme.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>Job cuts, redundancies and restructurings have been the flavour of the last 12 months, with a number of high-profile, high street chains encountering financial difficulties or choosing to restructure operations.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>Now, online grocery store Ocado is set to cut around 1,000 jobs (about 5% of its workforce) over the coming year.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>Tim Steiner, the boss of the technology and online grocery group, said a &#8220;significant number&#8221; of roles would no longer be needed as part of a restructuring.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>While the online supermarket employs around 20,000 people across the globe, the vast majority are located in the UK.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>The majority are situated at its headquarters in Hatfield, Hertfordshire.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>The company provides technology to supermarket distribution centres, as well as running an online grocery business with Marks &amp; Spencer.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<div class=\"w-full flex flex-col items-center max-w-[659px] 970:max-w-[630px] my-5\">\n<div class=\"w-[345px] tablet:w-[618px]\"><img alt=\"Article image\" fetchpriority=\"auto\" loading=\"lazy\" width=\"618\" height=\"329\" decoding=\"async\" data-nimg=\"1\" class=\"w-full h-auto object-contain rounded-[10px]\" style=\"color:transparent\" src=\"https:\/\/cms.joe.co.uk\/uploads\/2026\/02\/AdobeStock_876940723_Editorial_Use_Only.jpeg?height=682&amp;width=1024\"\/><img alt=\"Logo Camera in article\" loading=\"lazy\" width=\"11\" height=\"9\" decoding=\"async\" data-nimg=\"1\" class=\"absolute w-[11px] h-[9px] bottom-[11px] right-[11px] object-conatin tablet:hidden\" style=\"color:transparent\" src=\"https:\/\/www.joe.co.uk\/_next\/static\/media\/camera.5e27b748.png\"\/><\/div>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>The company operates in markets including the US, Canada, France, Spain, Sweden, Poland, Australia, Japan, South Korea, and Saudi Arabia.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>Ocado said the actions it was taking were expected to cut costs by about \u00a3150m. The job cuts are expected to largely in tech and support teams.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>Steiner said the changes being made would &#8220;reflect the lower structural cost base that we have signalled over recent years&#8221;.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>&#8220;Regrettably, this means a significant number of roles will no longer be required.<\/p>\n<\/div>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<div class=\"custom-prose  \">\n<p>&#8220;We will support those impacted through this process,&#8221; he added.<\/p>\n<\/div>\n<p><!--\/$--><\/div>\n<p>#Supermarket #cut #jobs #costsaving #restructuring #scheme<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two-thirds of redundancies are expected in the UK An online supermarket is set to cut 1,000 jobs across its global operations in a cost-saving restructuring scheme. Job cuts, redundancies and restructurings have been the flavour of the last 12 months, with a number of high-profile, high street chains encountering financial difficulties or choosing to restructure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[450,3663,32,588,17,923,3662,3664,3665,2272],"class_list":{"0":"post-3779","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"tag-business","9":"tag-costsaving","10":"tag-cut","11":"tag-jobs","12":"tag-money","13":"tag-news","14":"tag-ocado","15":"tag-restructuring","16":"tag-scheme","17":"tag-supermarket"},"_links":{"self":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3779"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/media\/3780"}],"wp:attachment":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}