Archived Robots could wipe out another 6 million retail jobs (money.cnn.com)
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Archived on: 8/19/2017 10:00:00 AM
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Archived Robots could wipe out another 6 million retail jobs (money.cnn.com)
submitted ago by Smokrates
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[–] derram ago
https://archive.is/a410v | :
'That represents at least 38% of the current retail work force, which consists of 16 million workers. '
'Retail could actually lose a greater proportion of jobs to automation than manufacturing has, according to the study. '
'Related: Department stores have lost more jobs than coal minesThe retail industry is already undergoing cataclysmic changes, with about 3,300 store closings announced so far this year, according to Fung Global Retail & Technology, a retail think tank. '
'But automation will drive more job losses than store closings in the next decade, Wilson said. '
'"Store closings have to do with overbuilding and e-commerce," Wilson said. '
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