AgEagle Aerial Systems Inc (UAVS)

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Amazon’s drone delivery unit hit with layoffs just as 10-year-old project finally launches
Published Fri, Jan 20 202312:32 PM EST

(Hope hurts)

https://www.cnbc.com/2023/01/20/amazon-drone-unit-hit-with-layoffs-as-long-awaited-program-launches.html

Points

As part of Amazon’s widespread layoffs, some employees in the nascent drone delivery project are losing their jobs, according to people familiar with the matter.
Prime Air was a pet project of founder Jeff Bezos, who revealed Amazon’s plans in a 2013 interview with “60 Minutes.”
The program, which has struggled to get off the ground due to a series of crashes and other safety concerns, now faces internal cost-cutting measures.