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Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff (www.cnbc.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff::Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.

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[–] avidamoeba@lemmy.ca 25 points 9 months ago* (last edited 9 months ago) (1 children)

Is it a busted company? I quickly found data for 2009-2022 and they've registered profit for every year till 2022 when they had their first loss. They've been around since the 90s.

[–] Patches@sh.itjust.works 13 points 9 months ago* (last edited 9 months ago)

every year till 2022 when they had their first loss

Numbers must always go up. Never down.

Especially when interest rates quadrupled.