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

submitted 7 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 25 points 7 months ago* (last edited 7 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.

[–] [email protected] 13 points 7 months ago* (last edited 7 months ago)

every year till 2022 when they had their first loss

Numbers must always go up. Never down.

Especially when interest rates quadrupled.