Key Takeaways

Amazon is the second-largest employer in the world, with 1.5 million workers.

A new report shows that Amazon will not have to hire 600,000 people by 2033, thanks to robots and automation.

Amazon expects robots to help it save about 30 cents on each product.

Amazon, the second-largest private employer in the world, with 1.5 million workers, is accelerating its use of warehouse robots as part of a major automation drive, The New York Times reported on Monday. The move could replace 600,000 human jobs that would have existed by 2033.

Robots help Amazon warehouse workers with tasks ranging from sorting items to packaging them for shipment. For example, a new robot named Vulcan can pick items from different shelves to be packaged. Amazon told The Wall Street Journ

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