Ocado is to cut round 1,000 jobs as a part of a plan to slash prices and restructure its operations.
The firm, which supplies automated expertise for distribution centres and runs its personal UK on-line grocery enterprise by means of a three way partnership with Marks & Spencer, mentioned two thirds of the job losses could be within the UK.
The majority of these affected have roles at its headquarters in Hatfield.
Ocado chief government Tim Steiner mentioned of the shake-up: “Regrettably, this means a significant number of roles will no longer be required.
“We are grateful to colleagues who’re affected by these modifications, and whose expertise and arduous work have made an enduring contribution to Ocado.
“We will support those impacted through this process,” he informed buyers.
This breaking information story is being up to date and extra particulars shall be revealed shortly.
Please refresh the web page for the fullest model.
You can obtain Breaking News alerts on a smartphone or pill by way of the Sky News App. You may comply with @SkyNews on X or subscribe to our YouTube channel to sustain with the most recent information.