Amazon switch to robots will save it up to $4 billion a year, Morgan Stanley says

Business

Amazon Switch To Robots Will Save It Up To $4 Billion A Year, Morgan Stanley Says

By CNBC

Amazon's robotics ambitions can lead to multibillion-dollar cost cuts for the company, according to Morgan Stanley. Amazon plans to replace 600,000 jobs with robots in the coming years and, ultimately, is working towards its goal of automating 75% of ...Read more

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