iRobot Layoffs 2024: What to Know About the Latest IRBT Job Cuts
IRBTiRobot(IRBT) InvestorPlace·2024-01-29 23:23

Irobot (NASDAQ:IRBT) layoffs are coming for the Roomba company’s employees after its plans to be acquired by Amazon (NASDAQ:AMZN) fell apart. With the Amazon deal no longer moving forward, iRobot has revealed that it is laying off roughly 31% of its workers. That means about 350 of the company’s employees are losing their jobs. To go along with these layoffs, iRobot has announced that chairman and CEO Colin Angle is stepping down from the company. Now the company plans to focus on improving margins, reducin ...