Yeah. You heard that right.
Key Takeaways
- Robotic Expansion: Amazon has deployed over 750,000 robots in its operations, significantly increasing from 520,000 in 2022.
- Workforce Shift: Despite being the world’s second-largest private employer, Amazon reduced its human workforce by over 100,000 since 2021.
- Human-Robot Synergy: The company emphasizes that robots “enhance” workplace efficiency and safety, creating new skilled jobs even as they automate repetitive tasks.
What It Says
Amazon is rapidly increasing its use of robotics, with its robot fleet growing to over 750,000. This automation is part of its broader strategy to improve efficiency and safety in operations.
Despite this shift towards automation, Amazon continues to be a major employer, albeit with a declining number of human employees. The company maintains that the integration of robots is creating new types of skilled employment opportunities while enhancing productivity.
What do we think the ratio of bots:people will be when they are done? What ratio will make the shareholders happy?
Citation
Read the full article on Yahoo Finance: Amazon Grows To Over 750,000 Robots As World’s Second-Largest Private Employer Replaces Over 100,000 Humans