IRobot, the maker of the Roomba floor vacuum, said Monday that a planned deal to be acquired by Amazon would not go through, a development that led it to announce it would lay off 31% of its staff. In ...
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, ...
BEDFORD - About 350 iRobot employees are going to lose their jobs after the Bedford-based company announced a 31% cut to its workforce. iRobot was set to merge with Amazon, but the technology giant ...
Shares of iRobot plunged more than 30% on Wednesday after it said there is "substantial doubt" about its ability to stay in business. Massachusetts-based iRobot has been restructuring since the Amazon ...
With Amazon backing out of its plan to acquire iRobot, the future of the Roomba-maker is unclear. Credit: Justin Sullivan/Getty Images On Monday, Amazon announced it would be scrapping its plans to ...
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