KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended higher today in line with regional equities as bargain hunting emerged after the benchmark index briefly slipped below the psychological 1,700 level in recent trading sessions. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 14.98 points, or 0.88 per cent, to close at an intraday high of 1,713.20 from Wednesday’s close of 1,698.22, The benchmark index opened 8.03 points higher at 1,706.25 and slipped to an intraday low of 1,701.83 in early trade. Gainers beat losers by 572 to 511, while 523 counters were unchanged, 1,016 untraded, and 11 suspended. Turnover declined to 2.85 billion units worth RM3.26 billion from Wednesday’s 3.51 billion units worth RM3.79 billion.
Amazon has cut at least 100 white-collar roles in its robotics division, marking another round of layoffs as the company continues to streamline operations and lean further into artificial intelligence. Robotics Division Affected Amazon.com Inc. confirmed that staff were laid off across its robotics unit, which designs warehouse automation systems and robotic conveyance technologies. At least 100 white-collar jobs were affected, according to sources familiar with the matter. The robotics division focuses on: Warehouse automation systems Robotic arms and sorting technology Efficiency improvements in fulfillment centres Key Point: Amazon is trimming robotics staff as part of broader AI-driven efficiency restructuring. Layoffs Continue After Massive Cuts This follows: January 2026: About 16,000 job cuts October 2025: Around 14,000 white-collar roles eliminated In total, Amazon has trimmed roughly 30,000 corporate positions , nearly 10% of its white-collar workforce....