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Ocado to cut R&D roles as losses narrow

Ocado also noted that it was in ongoing discussions with M&S, regarding the final payment of £190.7m due in April as part of their 50-50 joint venture deal, Ocado Retail

Ocado has revealed it is set to reduce its research and development (R&D) workforce both in the UK and globally as part of its effort to return to profitability.

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