Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff
cnbc.com
Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff::Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.
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Good news for us Roomba users, not so good news for employees. 😑
I don’t know if this actually good for Roomba users. Selling to Amazon, and maintaining the status quo are both bad for the user.
This isn’t a healthy company. It’s a busted company that Amazon was looking to salvage or rehabilitate.
Is it a busted company? I quickly found data for 2009-2022 and they've registered profit for every year till 2022 when they had their first loss. They've been around since the 90s.