Ocado Retail has announced a 14% increase in revenue for the fiscal year 2024 (FY24), with figures reaching £2.68bn ($3.37bn) ...

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

Ocado is to slash the headcount of its technology research & development teams, as it seeks to “take advantage of new AI tools to drive greater productivity” in its innovation function. Speaking on ...