iRobot was long overdue for a product redesign to win back its once overwhelming share of the robot vacuum market. The company just announced such a reinvention for its complete product line; it turns ...
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 ...
iRobot, the Bedford, Massachusetts-based company that was largely responsible for the rise of the robot vacuum cleaner in homes, is warning investors there is “substantial doubt” about its ability to ...