Part 4/12:
According to internal documents reviewed by the New York Times, Amazon intends to automate approximately 75% of its warehouse operations. Their plan involves developing warehouses with minimal human labor, which would significantly reduce their workforce needs. By 2027, Amazon estimates it can avoid hiring more than 160,000 employees in the US alone, saving considerable costs and maintaining a leaner operation.
Key insights from the documents include:
Amazon's workforce tripled since 2018 to about 1.2 million employees.
The company's automation team aims to eliminate more than half of those jobs.
This move is projected to increase their sales by 2033 while drastically decreasing their employment needs.