Business
Amazon Plans To Use Robots To Replace More Than Half-a-Million US jobs: Report
Amazon.com Inc., America’s second-largest employer, is gearing up for a major workplace shift by planning to replace more than half a million U.S. jobs with robots, according to the New York Times. The report, based on internal documents and executive interviews, suggests the e-commerce giant is moving toward a more automated future.//
Automation Set to Transform Amazon’s Workforce
Since 2018, Amazon’s U.S. workforce has nearly tripled to around 1.2 million. But the company’s automation team predicts that robots could eliminate the need to hire more than 160,000 employees by 2027. According to the report, this shift could save roughly 30 cents per item in processing costs—from picking and packing to delivery—and slash up to $12.6 billion in operational expenses between 2025 and 2027.
Robots Could Slow Hiring Growth
Last year, Amazon executives told the company’s board that robotic automation could help manage hiring needs, even as sales are expected to double by 2033. With this strategy, the company may avoid hiring more than 600,000 additional employees, the report added.
Amazon’s Push Toward High-Tech Warehouses
Amazon is working to design warehouses that rely very little on human workers. Internal documents reveal that the company’s robotics team aims to automate up to 75 per cent of operations. Interestingly, the documents avoid terms like “automation” or “artificial intelligence,” instead using phrases like “advanced technology” or “cobot,” a term that suggests robots working alongside humans.
Amazon Responds to Report
In response to the New York Times report, Amazon spokeswoman Kelly Nantel said the leaked documents were incomplete and didn’t represent the company’s overall hiring plans. She noted that Amazon still intends to hire 250,000 people for the upcoming holiday season, though the number of permanent roles wasn’t disclosed. The company also denied directing executives to avoid certain terms and clarified that its community programs are unrelated to automation.
The Rise of Amazon Robotics
Amazon’s push for automation started in 2012 with its $775 million acquisition of robotics company Kiva Systems, transforming the way its warehouses operate. Its newest robotic facility in Shreveport, Louisiana, serves as a model for future fulfillment centers, where human involvement is kept to a minimum once packaging begins, according to the report.
Business
Govt keeps petrol, diesel prices unchanged for coming fortnight – SUCH TV
The government on Thursday kept petrol and high-speed diesel (HSD) prices unchanged at Rs253.17 per litre and Rs257.08 per litre respectively, for the coming fortnight, starting from January 16.
This decision was notified in a press release issued by the Petroleum Division.
Earlier, it was expected that the prices of all petroleum products would go down by up to Rs4.50 per litre (over 1pc each) today in view of variation in the international market.
Petrol is primarily used in private transport, small vehicles, rickshaws, and two-wheelers, and directly impacts the budgets of the middle and lower-middle classes.
Meanwhile, most of the transport sector runs on HSD. Its price is considered inflationary, as it is mostly used in heavy transport vehicles, trains, and agricultural engines such as trucks, buses, tractors, tube wells, and threshers, and particularly adds to the prices of vegetables and other eatables.
The government is currently charging about Rs100 per litre on petrol and about Rs97 per litre on diesel.
Business
Serial rail fare evader faces jail over 112 unpaid tickets
One of Britain’s most prolific rail fare dodgers could face jail after admitting dozens of travel offences.
Charles Brohiri, 29, pleaded guilty to travelling without buying a ticket a total of 112 times over a two-year period, Westminster Magistrates’ Court heard.
He could be ordered to pay more than £18,000 in unpaid fares and legal costs, the court was told.
He will be sentenced next month.
District Judge Nina Tempia warned Brohiri “could face a custodial sentence because of the number of offences he has committed”.
He pleaded guilty to 76 offences on Thursday.
It came after he was convicted in his absence of 36 charges at a previous hearing.
During Thursday’s hearing, Judge Tempia dismissed a bid by Brohiri’s lawyers to have the 36 convictions overturned.
They had argued the prosecutions were unlawful because they had not been brought by a qualified legal professional.
But Judge Tempia rejected the argument, saying there had been “no abuse of this court’s process”.
Business
JSW Likely To Launch Jetour T2 SUV In India This Year: Reports
JSW Jetour T2 Launch: JSW Motors Limited, the passenger vehicle arm of the JSW Group, is reportedly preparing to enter the Indian car market this year. It has partnered with Jetour, a China-based automotive brand owned by Chery Automobile, and the Jetour T2 SUV could be the company’s first product, according to the reports.
Media reports suggest that the launch will happen independently and not under the JSW MG Motor India joint venture. The SUV will wear a JSW badge and name, instead of the Jetour branding. The upcoming SUV will be assembled at JSW’s upcoming greenfield manufacturing facility in Chhatrapati Sambhaji Nagar, Maharashtra.
According to the reports, the company plans to have the vehicle on sale by the third quarter of this year. With this move, JSW aims to establish itself as a standalone carmaker in India.
Expected Powertrain
The SUV is likely to arrive with a 1.5-litre plug-in hybrid setup. Internationally, this hybrid powertrain is offered with both front-wheel drive and all-wheel drive options. It is still unclear which version will be introduced in India.
Design
In terms of design, the T2 is a large and rugged-looking SUV. It has a boxy and upright stance, similar to vehicles like the Land Rover Defender. Despite its tough appearance, it uses a monocoque chassis instead of a ladder-frame construction.
Size
The SUV measures around 4.7 metres in length and nearly 2 metres in width. This makes it larger than the Tata Safari, even though it is a five-seater. A longer 7-seat version is also sold in some markets.
Price
Pricing details for India are yet to be announced. For reference, the front-wheel-drive five-seat T2 i-DM is priced at AED 1,44,000 (around Rs 35 lakh) in the UAE.
Jetour
Jetour is a brand owned by Chinese automaker Chery. Launched in 2018, it focuses mainly on SUVs and is present in markets across China, the Middle East, Africa, Southeast Asia and Latin America.
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