OTTO

Work Here?

Claim Your Company

OTTO

Website

Overview

About OTTO

Simplify's Rating
Why OTTO is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Defense

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Carpentersville, Illinois

Founded

1961

Get referred to OTTO

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • On 28 May 2026, EBIT jumped to €641 million on stable €13.8 billion revenue.
  • June 2026 AI assistant lifted order value 37% versus classic search.
  • Otto opened platform selling to merchants from the Netherlands, Poland, Austria, France, and Spain.

What critics are saying

  • Otto cut 460 jobs in February 2026, signaling fragile demand and cost pressure.
  • Zalando absorbed About You in 2025, shrinking Otto's fashion ecosystem and traffic moat.
  • Hermes must cut 850 positions by 2027/28; service failures will drive merchant and shopper churn.

What makes OTTO unique

  • Otto Group owns a retail platform, Hermes logistics, and stakes in fashion commerce.
  • February 2026 restructuring targets a €500 million annual cost base by 2027/28.
  • June 2026 Gemini-powered shopping and service agents deepen checkout and support integration.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Profit Sharing

Paid Vacation

10 Paid Holidays

Company News

PR Newswire
Jun 13th, 2024
AAR expands electronics distribution relationship with OTTO Engineering, Inc.

AAR expands electronics distribution relationship with OTTO Engineering, Inc.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for OTTO right now.

Find jobs on Simplify and start your career today

We update OTTO's jobs every few hours, so check again soon! Browse all jobs →