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Tim Steiner

  • Ocado boss: We were naive to accept orders but US firms should have worked harder

    Retail

    After its share price tumbled on Thursday morning, the boss of Ocado was given the chance to evade the blame for shuttered warehouses and job cuts. The retail tech group’s financial results set out easing losses and slowly climbing revenue. But it was the plans to cut 1,000 jobs – mostly at the company’s Hertfordshire [...]

    Business professionals discussing market trends in a modern conference room, highlighting collaboration and strategic plan...

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