Ocado has announced plans to eliminate 1,000 roles as the retail technology group seeks to save £150m through a sweeping restructuring effort. The company said around 5% of its global workforce will be impacted, with approximately two-thirds of the reductions taking place in the UK. Most of the affected positions will be cut from its UK operations, headquartered in Hatfield, Hertfordshire. Roughly half of the roles being eliminated are in technology, while the remainder are support positions.