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