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☆ EU antitrust regulators halt Amazon, iRobot probe, await info
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol///File Photo Acquire Licensing RightsBRUSSELS, Sept 11 (Reuters) - EU antitrust regulators have delayed their investigation into Amazon's (AMZN.O) $1.7 billion acquisition of robot vacuum cleaner maker iRobot (IRBT.O) as they wait for the companies to provide requested information. "Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission's decision is then adjusted accordingly." The EU competition watchdog's previous deadline for its decision on the deal was Dec. 13. It has warned Amazon that the deal may reduce competition in robot vacuum cleaners and also reinforce the U.S. company's dominant position as an online marketplace provider.

Persons: Pascal Rossignol, Foo Yun Chee, Aurora Ellis Organizations: REUTERS, Rights, European Commission, Thomson Locations: Lauwin, France, Rights BRUSSELS

☆ Amazon shareholder sues board, Bezos over Blue Origin launch contracts
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsAug 31 (Reuters) - An Amazon (AMZN.O) shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed to fully vet a decision to award launch contracts for the company's Project Kuiper satellite project to Blue Origin, Bezos's space company. Amazon's Project Kuiper is a planned network of over 3,000 satellites designed to beam broadband internet to remote regions. Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, said in its filing that the launch contracts were the second-largest capital expenditure in Amazon's history at the time. Project Kuiper will begin mass-producing the satellites later this year and beta testing with commercial customers in 2024, Amazon said earlier this year. The pension fund seeks unspecified damages and legal fees, according to a lawsuit filed on August 28 in the Delaware Court of Chancery.

Persons: Pascal, Jeff Bezos, Elon Musk, Musk's Starlink, Amazon, Chandni Shah, Abinaya, Lavanya, Kevin Krolicki Organizations: REUTERS, Amazon, Cleveland Bakers, Teamsters, Fund, Origin, SpaceX, Reuters, Teamsters Pension Fund, FCC, Thomson Locations: Lauwin, France, Delaware, Bengaluru

☆ Shopify says merchants can use Amazon's 'Buy with Prime' option
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsAug 30 (Reuters) - Canada's Shopify (SHOP.TO) said on Wednesday Amazon (AMZN.O) will release an app in Shopify's app ecosystem that will give US-based merchants access to Amazon's "Buy with Prime" option. "Soon, Shopify merchants who also use Amazon’s fulfillment network will have the option to add the Buy with Prime app from our app ecosystem directly into Shopify Checkout, processed by Shopify Payments," the company said. The company said the new app would enable Shopify merchants to give Prime members access to Prime benefits like fast and free delivery outside of Amazon.com for the first time ever. Merchants and businesses have been turning to Shopify, which offers tools to create and manage online store-fronts, as retail spending picks up on signs of stabilizing macroeconomic conditions.

Persons: Pascal Rossignol, Granth, Shailesh Organizations: REUTERS, Shopify, Merchants, Thomson Locations: Lauwin, France, Bengaluru

☆ Amazon in talks with Disney about ESPN streaming partnership - The Information
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] FILE PHOTO-The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. Disney and ESPN are still in the midst of determining an appropriate price for the new service, the report said. ESPN is considering charging between $20 and $35 a month for the new streaming service, which could make it the most expensive streaming service in the U.S, the report added. Amazon.com, Walt Disney and ESPN did not immediately respond to Reuters requests for comment. Reporting by Leroy Leo and Zaheer Kachwala in Bengaluru; Editing by Maju Samuel and Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Walt, Robert Iger, Leroy Leo, Zaheer Kachwala, Maju Samuel, Shailesh Organizations: REUTERS, Walt Disney Co, ESPN, Disney, Walt Disney, CNBC, Thomson Locations: Lauwin, France, U.S, Bengaluru

☆ A Russian convict soldier told his wife he was used as 'bait' to find Ukrainian artillery. He's dead now.
▼ + stars: | 2023-08-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

A now-dead Russian convict soldier told his wife he was "just a bait" for Ukrainian artillery. The soldier's message was shared by his wife with The New York Times. Russia has been struggling to locate and destroy Ukrainian artillery while also losing its own. Dmitri was part of a Russian Army unit made up almost entirely of former prison inmates, The New York Times reported. In a voice message shared by the soldier's wife with The Times, Dmitri said: "I'm running around with an automatic gun like an idiot.

Persons: Dmitri Organizations: New York Times, Service, Russian Army, Times, High Mobility Artillery Rocket Systems Locations: Russia, Wall, Silicon, Ukraine

☆ Amazon switches rockets for first test satellites to avoid launch delay
▼ + stars: | 2023-08-10 | by ( Joey Roulette | ) www.reuters.com time to read: +2 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. Amazon last year announced plans to launch the satellite pair aboard the first flight of ULA's new Vulcan rocket, moving them off previously planned rockets from launch startup ABL Space to avoid delays in ABL's rocket development. But delays with Vulcan have prompted Amazon to again switch rides as the e-commerce giant faces a 2026 regulatory deadline to deploy half of the 3,200 satellites planned for its Kuiper internet network. ULA in 2021 stopped selling the Atlas V and has 19 more missions to fly before the rocket retires, ULA spokeswoman Jessica Rye said. It was unclear whether the Atlas V launch planned for September counts as one of the nine that Amazon previously procured.

Persons: Pascal, James Watkins, ULA, Jessica Rye, Joey Roulette, Leslie Adler, Aurora Ellis Organizations: REUTERS, Amazon.com Inc, Boeing, Lockheed, United Launch, Amazon, Vulcan, Elon Musk's SpaceX, Atlas V, NASA, Atlas, Thomson Locations: Lauwin, France, U.S, ULA

☆ Amazon scraps several private label clothing brands - source
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File PhotoAug 10 (Reuters) - Amazon.com (AMZN.O) is shelving several private clothing brands, a source familiar with the matter said on Thursday, as the e-commerce giant tries to cut costs and address antitrust scrutiny. The move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothing brands, leaving it with just Amazon Essentials, Amazon Collection and Amazon Aware. "If there are products that aren't resonating with customers we deprecate those items and look for other opportunities to better meet their needs," Matt Taddy, vice president of Amazon Private Brands, said in an email to Reuters. Other critics have said Amazon abused its gatekeeper power by refusing to allow big rivals to advertise against its products on the Amazon platform and used below-cost prices on goods and services to keep customers, including on Prime.

Persons: Pascal, Matt Taddy, Trump, Zaheer Kachwala, Shweta Agarwal, Arun Koyyur Organizations: REUTERS, Wall Street, Amazon Private Brands, Reuters, The, U.S . Federal Trade Commission, FTC, Thomson Locations: Lauwin, France, Bengaluru

☆ Amazon scraps private label brands to cut costs, address antitrust scrutiny - source
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File PhotoAug 10 (Reuters) - Amazon.com (AMZN.O) is shelving several private clothing brands in an attempt to reduce costs and address antitrust scrutiny, a source familiar with the matter said on Thursday. Amazon also is scrapping private-label furniture, phasing out its Rivet and Stone & Beam brands once their stock runs out, the report said. "If there are products that aren't resonating with customers we deprecate those items and look for other opportunities to better meet their needs," Matt Taddy, Vice President of Amazon Private Brands, said in an email to Reuters. The FTC began probing Amazon during the Trump administration when the government decided to investigate several big tech companies for allegedly breaking antitrust law.

Persons: Pascal, Matt Taddy, Trump, Zaheer Kachwala, Shweta Agarwal, Arun Koyyur Organizations: REUTERS, Wall Street, Beam, Amazon Private Brands, Reuters, The, U.S . Federal Trade Commission, FTC, Thomson Locations: Lauwin, France, Bengaluru

[1/2] The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File PhotoNEW YORK, Aug 8 (Reuters) - Amazon.com (AMZN.O) is in talks about joining other technology companies as a cornerstone investor in SoftBank Group Corp's (9984.T) Arm Ltd ahead of its initial public offering (IPO), people familiar with the matter said on Tuesday. Amazon's potential involvement in the IPO, which has not previously been reported, underscores Arm's significance in cloud computing. Amazon Web Services, the internet giant's cloud business, makes its own processing chip called Graviton, using Arm's design. Arm has been in talks with about 10 technology companies, including Intel (INTC.O), Alphabet (GOOGL.O) and Nvidia (NVDA.O), about an investment ahead of its IPO, Reuters has reported.

Persons: Pascal, SoftBank, Echo Wang, Anirban Sen, Jeffrey Dastin, Stephen Nellis, Matthew Lewis Organizations: REUTERS, Web Services, Nasdaq, Reuters, Intel, Nvidia, San, Thomson Locations: Lauwin, France, New York, San Francisco

☆ Amazon switches rockets for first test satellites for sooner launch
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. The company will launch the two satellites, the first in Amazon's Kuiper program to offer internet globally from space, aboard a dedicated Atlas V rocket from the Boeing-Lockheed (BA.N), (LMT.N) joint venture United Launch Alliance, spokesman James Watkins said. Amazon last year announced plans to launch the satellite pair aboard the first flight of ULA's new Vulcan rocket, moving them off previously planned rockets from launch startup ABL Space to avoid delays in ABL's rocket development. But delays with Vulcan have prompted Amazon to again switch rides. Reporting by Joey Roulette; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, James Watkins, ULA, Joey Roulette, Leslie Adler Organizations: REUTERS, Amazon.com Inc, Boeing, Lockheed, United Launch Alliance, Amazon, Vulcan, Thomson Locations: Lauwin, France

☆ Amazon soars on 'game-changing' quarter, iPhone slump drags Apple
▼ + stars: | 2023-08-04 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. Online retail giant Amazon's shares closed at a near one-year high and added more than $109 billion to its market value. "The second quarter is a game-changing quarter for Amazon; we would call it an-all clear moment," said SVB MoffettNathanson analyst Michael Morton. The surge in Amazon's stock reflected analysts' increased estimates for its earnings. But its services business was a bright spot and helped Apple top profit expectations for the June quarter.

Persons: Benoit Tessier, SVB, Michael Morton, —, Dan Coatsworth, AJ Bell, Aditya Soni, Samrhitha, Joice Alves, Noel Randewich, Chavi Mehta, Amanda Cooper, Saumyadeb Organizations: REUTERS, Google, Microsoft, Wall Street, Amazon, Refinitiv, Apple, Thomson Locations: Bretigny, Paris, France, Apple's, Bengaluru, London

☆ Amazon surges on 'game-changing' quarter, iPhone slump drags Apple
▼ + stars: | 2023-08-04 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. Online retail giant Amazon was set to add about $120 billion to its market value, based on premarket movements. "The second quarter is a game-changing quarter for Amazon; we would call it an-all clear moment," said SVB MoffettNathanson analyst Michael Morton. But its services business was a bright spot and helped Apple top profit expectations for the June quarter. "It is time for Apple to launch something new and innovative, not just another variation of its core products."

Persons: Benoit Tessier, SVB, Michael Morton, —, Dan Coatsworth, AJ Bell, Aditya Soni, Samrhitha, Joice Alves, Amanda Cooper, Saumyadeb Organizations: REUTERS, Google, Apple, Microsoft, Wall Street, Amazon, Thomson Locations: Bretigny, Paris, France, Apple's, Bengaluru, London

☆ Amazon Frankfurt-listed shares surge, Apple slides after results
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. REUTERS/Benoit Tessier/File PhotoLONDON, Aug 4 (Reuters) - Amazon (AMZN.O) shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares (AAPL.O) fell after the company forecast a continued slide in sales. Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street's expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside. Apple shares fell 2.3% in Frankfurt after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter. (This story has been refiled to remove extraneous words in paragraph 3)Reporting by Joice Alves; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Joice Alves, Amanda Cooper Organizations: REUTERS, Amazon, Apple, Wall, Thomson Locations: Bretigny, Paris, France, Frankfurt

For the second quarter, Amazon's revenue grew 11% to $134.4 billion, beating estimates of $131.5 billion from analysts polled by Refinitiv. In recent months, Amazon Web Services (AWS) saw its sales growth slow as wary businesses scrutinized their cloud bills. The unit beat estimates of around $21.7 billion in second-quarter cloud sales, increasing them 12% to $22.1 billion. Its rivals posted bigger jumps off smaller bases: 28% growth in Alphabet's June-quarter cloud revenue and a 26% quarterly increase for Microsoft's Azure. Longer-term, Amazon aims to turn one unit, its $35 billion in yearly gross business-to-business e-commerce sales, into $100 billion, Jassy told analysts.

Persons: Pascal Rossignol, Brian Olsavsky, Olsavsky, Andy Jassy, Arun Sundaram, Sundaram, Jassy, Thomas Monteiro, Investing.com, Monteiro, Refinitiv, Chavi Mehta, Jeffrey Dastin, Noel Randewich, Arun Koyyur, Aurora Ellis, Chris Reese Organizations: REUTERS, Amazon.com Inc, Amazon, Google, Microsoft, Refinitiv, Amazon Web Services, CFRA Research, Reuters, Thomson Locations: Lauwin, France, Alphabet's, Bengaluru, Jeffrey Dastin San Francisco

☆ Amazon's outlook brightens on cloud, consumer sales lift
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +3 min

Facing an array of challenges, Amazon has aimed to keep its mantle as the world's biggest cloud provider and online retailer. Despite this, Amazon sped up revenue growth in the second quarter. Sales increased 11% to $134.4 billion, compared to estimates of $131.50 billion from analysts polled by Refinitiv. AWS beat estimates of around $21.7 billion in second-quarter cloud sales, increasing them 12% to $22.1 billion. The company forecast current-quarter net sales in the range of $138 billion and $143 billion.

Persons: Pascal Rossignol, Long, Andy Jassy, Refinitiv, Chavi Mehta, Arun Koyyur, Aurora Ellis Organizations: REUTERS, Amazon.com Inc, Google, Microsoft, Amazon, Refinitiv, Amazon Web Services, Thomson Locations: Lauwin, France, Bengaluru

☆ US suspends food aid to Ethiopia, says it's not reaching needy
▼ + stars: | 2023-06-08 | by ( Giulia Paravicini | ) www.reuters.com time to read: +3 min

REUTERS/Tiksa Negeri/Pool/File PhotoNAIROBI, June 8 (Reuters) - The U.S. Agency for International Development (USAID) said on Thursday it was suspending food aid to Ethiopia because its donations were being diverted from people in need. The USAID spokesperson said the agency intended to resume food assistance as soon as it was confident in the integrity of the system. USAID and the U.N. World Food Programme (WFP) had already suspended food aid to the northern Ethiopian region of Tigray last month in response to information that large amounts of aid there were being diverted. In the 2022 fiscal year, USAID disbursed nearly $1.5 billion in humanitarian assistance to Ethiopia, most of it food aid. WFP is also investigating "systemic" food diversion across Ethiopia, according to an email sent last week by the agency's deputy director to staff in Ethiopia.

Persons: Antony Blinken, Sean Jones, Finance Ahmed Shide, Demeke Mekonnen, Blinken, Giulia Paravicini, Doina Chiacu, Christina Fincher, Mark Potter Organizations: Logistics Center, USAID, Ethiopian, Finance, REUTERS, Tiksa, U.S . Agency for International Development, Reuters, Resilience, Spokespeople, The State Department, Food Programme, WFP, Thomson Locations: Ethiopia, Addis Ababa, NAIROBI, United States, Tigray, Saudi Arabia, Ethiopian, Washington

☆ Amazon cranks up AI competition against Microsoft, Google with new cloud tools
▼ + stars: | 2023-04-13 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Amazon Web Services (AWS), the world's biggest cloud computing provider, on Thursday jumped into that race with a suite of its own proprietary AI technologies, but it is taking a different approach. ChatGPT creator OpenAI, for example, offers a similar service, letting customers fine-tune the models behind ChatGPT to create a custom chatbot. The Bedrock service lets AWS customers test-drive those technologies without having to deal with the underlying data center servers that power them. "It's unneeded complexity from the perspective of the user," Vasi Philomin, vice president of generative AI at AWS, told Reuters. Those underlying servers will use a mix of Amazon's own custom AI chips as well as chips from Nvidia Corp (NVDA.O), the biggest supplier of chips for AI work but whose chips have been in tight supply this year.

[1/2] The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. The ruling by U.S. District Judge Richard Jones in Seattle on Friday came in a prospective antitrust class action that has estimated damages of between $55 billion to $172 billion. Amazon has denied the plaintiffs' claims, arguing that its "Fair Pricing Policy" has procompetitive benefits and that U.S. antitrust law encourages such a policy. Attorneys general in California and Washington, D.C., also have sued Amazon over pricing policies. The case is Frame-Wilson et al v. Amazon.com Inc, U.S. District Court, Western District of Washington, No.

☆ Amazon to cut 9,000 jobs in second round of layoffs
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +2 min

[1/3] The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. Whereas prior cuts had focused on the company's e-commerce and devices business as well as human-resources staff, now the company would eliminate roles from Amazon Web Services, its advertising and Twitch streaming units. Amazon follows Facebook-parent Meta in becoming the second bellwether to announce a second round of cuts. Amazon has scaled back or shut down entire services like its virtual primary care offering for employers. Facebook-parent Meta Platforms said it would cut 10,000 jobs this year, following the first mass layoff in the fall, which eliminated more than 11,000 jobs.

☆ From Apple to Boeing, India is being put to the test as China manufacturing alternative
▼ + stars: | 2023-03-12 | by ( Vikram Barhat | ) www.cnbc.com time to read: +6 min

Bloomberg | Bloomberg | Getty ImagesThe ties between American companies and India as a manufacturing and supply chain partner are getting deeper. The Boeing deal is indicative of the wider trend among global manufacturers including Apple, Samsung and Nokia, to accelerate manufacturing in India. As far back as 2014 it launched the "Make in India" campaign to raise the profile of India as a global manufacturing hub and encourage multinational companies to produce in India. Boeing, Air India issues The partners have their internal issues to work through. That's on top of the hurdles foreign companies can expect to face in India's accleration as a manufacturing and supply chain partner.

☆ The US's powerful Abrams tanks are heading to Ukraine, but generals disagree over how hard it'll be to use them on the battlefield
▼ + stars: | 2023-02-01 | by ( Sebastien Roblin | ) www.businessinsider.com time to read: +19 min

The US has pledged to send Abrams tanks to Ukraine, joining a bevy of Western-made tanks. Here comes the M1 Abrams for UkraineA M1A2 Abrams tank fires at a target during an exercise. The same day, word spread that US President Joe Biden would announce he was sending 31 M1 Abrams tanks to Ukraine. But Hertling disagreed that withholding the M1 Abrams was a "political decision" and didn't find the examples of non-US Abrams operators persuasive. M1 Abrams: training and sustainmentAn M1A2 Abrams drives into the woods during an exercise in Hohenfels, Germany.

☆ Jeff Erdmann has been the best wealth advisor in the US for 7 years running. The Merrill Lynch pro told us how he's keeping clients' money safe with a recession on the way.
▼ + stars: | 2023-01-31 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Forbes has named Jeff Erdmann the best wealth manager in the US every year since 2016. Erdmann's group at Merrill Private Wealth Management oversees $14 billion in assets. Erdmann, who is coming up on his 40th year at Merrill Private Wealth Management, has been named the best wealth manager in the country by Forbes every year since 2016. In stocks, Erdmann says he remains committed to dividends and dividend growth. Erdmann says allocating to the right sectors is vital, and right now, it's not clear what parts of the market offer the best long-term opportunities.

☆ U.S. agency says Amazon.com exposed workers to safety hazards
▼ + stars: | 2023-01-18 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

REUTERS/Pascal Rossignol/File PhotoNEW YORK, Jan 18 (Reuters) - A U.S. government agency on Wednesday issued citations against Amazon.com Inc (AMZN.O) for failing to keep warehouse workers safe, by exposing them to ergonomic hazards that resulted in serious injuries. The agency said workers at the Florida facility were also exposed to "struck-by" hazards, where merchandise that was unevenly stacked or not secured was susceptible to collapse. Doug Parker, the head of OSHA, said Amazon's processes were "designed for speed but not safety, and they resulted in serious worker injuries." Amazon has said it invests hundreds of millions of dollars annually to ensure worker safety. Safety concerns, including after the deaths of six workers when an Amazon warehouse in Edwardsville, Illinois, collapsed during a December 2021 tornado, have helped spur union campaigns at Amazon warehouses across the country.

Amazon France said there had been no sign of disruption to operations so far. Two French union officials said they were not expecting a big turnout because the rising cost-of-living was driving employees to seek overtime. "As an employer, Amazon offers great pay, benefits and development opportunities - all in an attractive and safe working environment," a spokesperson for Amazon in Germany said in a statement. [1/6] French CGT union members demonstrate in front of the Amazon logistics center in Bretigny-sur-Orge, near Paris, as part of a global day of actions against Amazon on Black Friday, France, November 25, 2022. Workers at a warehouse in the western city of Koblenz were seen standing outside near a red-and-white banner that read "We're on strike" in German, French and English.

☆ Logistics Operators Find Robots Are Helping Recruit Tech-Savvy Workers
▼ + stars: | 2022-10-27 | by ( Liz Young | ) www.wsj.com time to read: +4 min

The impact of robots on logistics operations is growing more complicated as companies weigh how automation affects recruiting both management leaders and staffers for the warehouse floor. Manufacturers and retailers such as snack-food giant Mondelez International Inc. and department store chain Nordstrom Inc. say the investments are also changing their supply-chain workforces. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. The buy jump-started the company’s rollout of greater automation in its growing logistics network and expanded the pipeline of engineers and other technology workers into the business. Lee Beard, senior vice president of transportation at Seattle-based Nordstrom, said the retailer has been highlighting its technology investments to job recruits.

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