Ocado to cut 500 technology and finance jobs as AI reduces costs
Online grocery specialist takes advantage of tools that helped improve productivity of engineering teamOcado is to cut hundreds jobs in its technology teams as part of the loss-making online grocery specialist’s efforts to reduce costs using artificial intelligence to help with research and engineering.The company, which employs 20,000 people, said AI had helped improve the productivity of its engineering team, enabling it to cut 500 roles across its technology and finance divisions. Continue reading...
Online grocery specialist takes advantage of tools that helped improve productivity of engineering team
Ocado is to cut hundreds jobs in its technology teams as part of the loss-making online grocery specialist’s efforts to reduce costs using artificial intelligence to help with research and engineering.
The company, which employs 20,000 people, said AI had helped improve the productivity of its engineering team, enabling it to cut 500 roles across its technology and finance divisions. Continue reading...
