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iRobot to lay off 350 employees after Amazon terminates acquisition deal

iRobot, which makes consumer robots, has announced to lay off around 350 employees about 31 per cent of its workforce and its founder and CEO, Colin Angle, would also step down.The layoffs came after the Amazon-iRobot $1.7 billion deal .

Amazon s bid to buy iRobot called off amid pushback in Europe

Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming "undue and disproportionate regulatory hurdles" after the European Union signalled its objection to the deal.

Homelessness In The U S Is Up 48 Percent Since 2015, And Americans Are Being Laid Off In Droves

How can anyone out there possibly believe that the U.S. economy is doing well?  As you will see below, the number of homeless Americans has risen to the highest level ever recorded, and large companies

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Amazon cancels iRobot purchase amid pushback in Europe | Borneo Bulletin Online

LONDON (AP) Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles” after the European Union signalled its objection to the deal. The companies said in joint statement that they were disappointed but mutually agreed to terminate the acquisition. The deal faced antitrust scrutiny on both […]

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