Stephen Karmazyn

Stephen Karmazyn is a writer for Profit Confidential, where he focuses on reporting breaking news in the technology and emerging industries. Throughout his career as a journalist, Karmazyn has written on tech for a variety of publications, including The Financial Post, The Globe and Mail, and The Ottawa Business Journal. He served as the web editor for Techopia, a tech-centered newsblog focused on emerging start-up companies. You can contact Stephen at

Automation at Amazon’s Checkout-Free Grocery Store; Amazon Go Could Impact 3.5 Million Cashiers

Amazon Automation, Inc. (NASDAQ:AMZN) has finally opened its automated grocery store, “Amazon Go,” sparking fears that retail job losses due to automation will be sure to follow. Amazon’s checkout-free grocery store was slated to open in 2017, but multiple hiccups delayed the innovative grocer. Now, however, Amazon Go-based job cuts are worrying analysts and workers in (more…)

Sphero Layoffs Hit Colorado Due to Disappointing Holiday Sales

Sphero Layoffs

Sphero, a popular robot design company known for making toy products associated with popular movie franchises like Star Wars, Spider-Man, and Cars, has started off 2018 with layoffs. Following Sphero holiday sales figures that failed to live up to expectations, the company has shed 45 staff members across the globe, hitting a variety of departments.