Warehouse automation company Symbotic is cutting 400 jobs from the Andover-based robotics unit of Walmart that it acquired in ...

An automated warehouse systems company will cut 400 jobs from its recently acquired, Andover-based robotics center. Symbotic LLC filed a Workers Adjustment and Retraining Notification Act (WARN) with ...

Symbotic reported solid Q2 results, although growth was driven by the acquisition of Walmart's advanced systems and robotics business. Tariffs and fading fiscal stimulus could impact the ...

Walmart layoffs in May 2025 hit Bentonville hard. Are AI and automation behind the technology job cuts this time?

One of the biggest recent successes is the company's acquisition of Walmart's own advanced systems and robotics business for $200.00M, with the company further investing $520.00M in Symbotic’s ...

A Massachusetts automation company has announced plans to lay off hundreds of employees at a facility it purchased from Walmart earlier this year. Wilmington-based Symbotic LLC, which develops ...

Symbotic posted revenue of $550 million ... failure to realize the benefits expected from the acquisition of Walmart's Advanced Systems and Robotics business and risks related to the acquisition. Any ...

Welcome to Symbotic's Second Quarter of Fiscal 2025 Financial Results ... During the quarter, we also closed our acquisition of Walmart Advanced Systems and robotics or ASR, which expands our product ...