Morgan Stanley’s estimate on Amazon’s 600,000 job cuts that the ecommerce giant said is ‘wrong’

Amazon has refuted claims of replacing 600,000 jobs with robots, calling a New York Times report “wrong” and “incomplete.” While the report cited internal documents suggesting significant automation, Amazon highlighted its plans to hire 250,000 for the holiday season. Analysts, however, foresee substantial cost savings from robotics.

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