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Amazon's drone delivery unit hit with layoffs just as 10-year-old project finally launches - TL;DR CNBC

Amazon's drone delivery unit hit with layoffs just as 10-year-old project finally launches

Publishing timestamp: 2023-01-20 12:32:13


Summary

Amazon is laying off employees from its Prime Air drone delivery project, which was revealed by founder Jeff Bezos in 2013. The project has faced multiple challenges, including crashes and safety concerns, and is now facing internal cost-cutting measures. Prime Air is launching drone deliveries in two small markets, but is running into sputtering economy and CEO Andy Jassy's widespread cost-cutting efforts. Residents of the two markets have expressed concerns about safety, noise, and wildlife. Amazon is offering up to $100 worth of gift cards to those who sign up for the service.


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Keywords: business newsamazon.com incalphabet class ajeff bezostechnologyboeing cojobsbreaking news: technologyinternet

Source: https://www.cnbc.com/2023/01/20/amazon-drone-unit-hit-with-layoffs-as-long-awaited-program-launches.html


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