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

A technology company developing robotics technology used by hundreds Walmart stores will lay off 400 people from a ...

Walmart is regarded as Symbotic’s “anchor” partner, with deals dating back to 2017, when the retailer began introducing its automated systems into its U.S. distribution centers.

Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership. Symbotic will buy Walmart's Advanced Systems and Robotics ...

Symbotic reported solid Q2 results, although growth was driven by the acquisition of Walmart's advanced systems and robotics ...

Symbotic (SYM) faces a 43% yearly drop despite AI-driven growth. Learn why it's rated a HOLD due to overvaluation and ...

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 ...

Rick Cohen, chief executive of the Wilmington warehouse robotics company Symbotic, always has his eyes on expansion. After signing retail giant Walmart as the lead customer for the company’s ...

For the third quarter of fiscal 2025, Symbotic expects revenue of $520 million to $540 million, and adjusted EBITDA 2 of $26 million to $30 million. Symbotic will host a webcast today at 5:00 pm ET to ...