apparently this deal is closing after all and this will happen rather quickly.
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
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
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
Cut the lawnmower project - "shelved". I heard 75 let go.
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
Just look at the sales numbers and you'll figure out what's happening. Who want's Roomba any more? I mean, this used to be a fine company with solid growth but things got a bit stale over last couple of years. The folks are not motivated, iRobot is... — read more