Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff

L4sBot@lemmy.worldmod to Technology@lemmy.world – 245 points –
Amazon terminates iRobot deal, vacuum 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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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.

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