Amazon Acquired Warehouse Robot Firm  

A blog about business and economics.
March 20 2012 7:38 AM

Amazon Acquires Warehouse Robot Firm  

1332243484975

There's been a fair amount of reporting on brutal working conditions in Amazon's U.S.-based warehouses, but those days of toil may be coming to an end as Amazon announces a $775 million all-cash takeover of Kiva Systems, a maker of warehouse robots.

Kiva's technology is already used by Gap, Crate & Barrel, Staples, and Walgreens and Amazon says existing customers will continue to get service. Kiva's robots don't make human warehouse work unnecessary, but they do reduce the need for this particularly arduous form of human labor. You can see the video here. Along with taking criticism in the press for poor working conditions, Amazon is under pressure in the investment community about the fact that its workforce has been growing faster than its revenues and profit margins have shrunk to razor-thin levels. Finding a way to dramatically increase distribution productivity would do an enormous amount to turn things around.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

TODAY IN SLATE

Medical Examiner

Here’s Where We Stand With Ebola

Even experienced international disaster responders are shocked at how bad it’s gotten.

It’s Legal for Obama to Bomb Syria Because He Says It Is

Divestment Is Fine but Mostly Symbolic. There’s a Better Way for Universities to Fight Climate Change.

I Stand With Emma Watson on Women’s Rights

Even though I know I’m going to get flak for it.

It Is Very Stupid to Compare Hope Solo to Ray Rice

Building a Better Workplace

In Defense of HR

Startups and small businesses shouldn’t skip over a human resources department.

Why Are Lighter-Skinned Latinos and Asians More Likely to Vote Republican?

How Ted Cruz and Scott Brown Misunderstand What It Means to Be an American Citizen

  News & Politics
Politics
Sept. 23 2014 12:43 PM Occupy Wall Street How can Hillary Clinton be both a limousine liberal and a Saul Alinsky radical?
  Business
Moneybox
Sept. 23 2014 12:36 PM Krispy Kreme Stuffed Half a Million Calories Into One Box of Doughnuts
  Life
The Eye
Sept. 23 2014 11:33 AM High-Concept Stuff Designed to Remind People That They Don’t Need Stuff  
  Double X
The XX Factor
Sept. 23 2014 11:13 AM Why Is This Mother in Prison for Helping Her Daughter Get an Abortion?
  Slate Plus
Slate Plus
Sept. 22 2014 1:52 PM Tell Us What You Think About Slate Plus Help us improve our new membership program.
  Arts
Brow Beat
Sept. 23 2014 11:48 AM Punky Brewster, the Feminist Punk Icon Who Wasn’t
  Technology
Future Tense
Sept. 23 2014 10:51 AM Is Apple Picking a Fight With the U.S. Government? Not exactly.
  Health & Science
Bad Astronomy
Sept. 23 2014 11:00 AM Google Exec: Climate Change Deniers Are “Just Literally Lying”
  Sports
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.