iRobot Corp. (IRBT) plans reduction of approximately 350 employees, 31% of workforce
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iRobot Corp. (IRBT) CEO and Board Chair to Step Down
January 29, 2024 8:35 AM ESTToday, iRobot Corporation (NASDAQ: IRBT), a leader in consumer robots, announced that it will implement an operational restructuring plan designed to position the Company for stabilization in the current environment, while focusing on profitability and advancing key growth initiatives to extend its market... More
Amazon (AMZN) and iRobot (IRBT) Agree to Terminate Pending Acquisition
January 29, 2024 8:30 AM ESTToday Amazon (NASDAQ: AMZN) and iRobot (NASDAQ: IRBT) announced that they have entered into a mutual agreement to terminate their previously announced acquisition agreement, originally signed on August 4, 2022, under which Amazon would have acquired iRobot for cash consideration. This deal would have allowed Amazon to invest in continued innovation by iRobot and support iRobot in lowering prices on products customers already love. The companies released the following statements today about the decision:
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