In response to the so-called “labor shortage,” companies are looking to finally replace replace workers with machines — and robotics companies couldn’t be happier to oblige.
David Zapico, the CEO of robotics company Ametek Inc., told Bloomberg News that his company is “firing on all cylinders” because, as he put it, “people want to remove labor.”
He’s not alone in his musings. Executives at Hormel Foods Corp and Domino’s Pizza also confirmed to Bloomberg that they’re investing in automation in an effort to reduce labor costs and respond to a “tight labor supply,” as one Hormel vice president put it.