CITI: Retail jobs will ‘vanish’ due to technology and it ‘will affect every city and region’

CITI: Retail jobs will 'vanish' due to technology and it 'will affect every city and region'

As much as 80% of retail jobs at risk from automation, Citi and University of Oxford predict.

Low-skilled jobs most at risk and will have profound effects on communities.

‘Watershed’ moment coming for retail jobs, Citi and Oxford warn. People walk by the Amazon Go brick-and-mortar grocery store without lines or checkout counters, in Seattle Washington, U.S. December 5, 2016. REUTERS/Jason Redmond LONDON — Analysts from Citi bank and academics from Oxford are predicting seismic changes to the retail industry that could mean low-skilled jobs "vanish.""The lesson of the twentieth century has been that most jobs […]

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