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iRobot To Fire 350 Employees As Deal With Amazon Is Killed

Following the announcement of the deal termination, iRobots shares experienced a 10 per cent decline. ....

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iRobot Layoffs: After Amazon Terminates Acquisition Deal, Consumer Robot Maker Announces To Lay Off Around 350 Employees, Nearly 31% Workforce

Glen Weinstein, iRobot's Executive Vice President and Chief Legal Officer, has been appointed Interim CEO, and Miller has been appointed Chairman of the Board. iRobot anticipates reporting full-year 2023 revenue of $891 million, a 25 per cent reduction as compared to the same period last year. iRobot Layoffs: After Amazon Terminates Acquisition Deal, Consumer Robot Maker Announces To Lay Off Around 350 Employees, Nearly 31% Workforce. ....

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Amazon, iRobot Cut Ties as Roomba-Maker Announces 31% Workforce Layoffs

Amazon and iRobot have come to a "mutual agreement" to end a "previously announced acquisition agreement." ....

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UPS Layoffs: Shipping and Logistics Firm Announces 12,000 Job Cuts

The UPS Layoffs will save the company about $1 billion in costs, CEO Carol Tomé said on a company earnings call. UPS Layoffs: Shipping and Logistics Firm Announces 12,000 Job Cuts. ....

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Business News | Paytm Payments Bank Becomes First to Launch UPI LITE Feature

"This shall further improve the success rate of transactions, enhancing the user experience, and taking us one more step closer to processing a billion transactions a day on the UPI platform," Rai added. UPI LITE: Paytm Payments Bank Becomes First to Enable This Feature for Multiple Small-Value Real-Time Transactions. ....

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