Topics regarding layoffs at iRobot Corp.

Topics regarding layoffs at iRobot Corp.

We are tanking

If you haven’t already found something else or at least started with job search, now is the time to look for other opportunities. Good luck to those who were let go. They’ll probably fare better in the end compared to us who still stick around. — read more 

iRobot CEO compensation

Failed GC turned interim CEO continues to bilk the company and investors. Notice he makes more money if and when he fails. https://www.tipranks.com/news/company-announcements/irobot-appoints-glen-weinstein-as-interim-ceo-with-incentive-package

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Post ID: @OP+1rMAXYgK

Layoffs?

How does everyone else feel? Now that the Amazon deal is nearly dead, I don’t see how they can afford to keep most of us. Good to luck to everyone. I hope I can land a new job soon.

Amazon deal may be blocked by EU.

it feels Amazon is not really cooperative or communicative about the EU investigation. I remember when Broadcom had the same in-depth investigation by EU , Hock Tan went to meet with EU commission to discuss acquisition. Seems like Bezos doesn’t care... — read more 

Amazon hopeless acquisition

This is an embarrassing deal for Amazon. There's no innovation and barely any good people left at iRobot. The company's revenue is down more than 50% since the deal was announced. If the UK or US regulatory bodies sue to block the deal, Amazon can... — read more 

Short sighted

They laid people off, are trying to hire, and are having a great quarter. Too bad they let people go that know the company and the culture (for better or worse). In this new world of Covid-19 and social distancing it will be extremely difficult if... — read more 

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Post ID: @OP+15ZpJ738

Things aren't always as they appear

Recent reports of robotic vacuum cleaner sales 'far exceeding expectations' would lead one to believe the reasons for the May layoff were total B**t and that the Covid-19 scare provided excellent cover for management to CYA or upper management... — read more 

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Post ID: @OP+15zXA2Ot

Layoffs

Cut the lawnmower project - "shelved". I heard 75 let go.

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Post ID: @OP+14Bw7e2s

Earnings and Downsizing

It looks like every time we report earnings there is like 50 people who will be let go. I do not get iRobot - seriously, what a messed up

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Post ID: @OP+u1iHX3O

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