There Are 170,000 Fewer Retail Jobs In 2017—And 75,000 More Amazon Robots

Amazon’s headcount is growing by 40% year-over-year. It was the eighth-largest private employer in the US at the end of 2016, and it’s poised to climb those ranks quickly. The online retailer also announced plans to build a second US headquarters that will employ 50,000 employees. But Amazon’s growth comes at a cost. It has a well-earned reputation for overwhelming competitors. Even though Amazon represents a small portion of the overall retail industry, it dominates the industry’s sales growth. We wondered: Does Amazon create more jobs than it destroys? Read more at Quartz.