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IRBT / iRobot to lose 7% of humans as Amazon awaits greenlight for takeover

iRobot Corporation (NASDAQ:IRBT) is laying off 7% of its humans, with the Amazon-bound Roomba maker is cutting back on media and marketing budgets. The robot vacuum cleaning group's deal to be bought by Amazon is currently in antitrust review, and, in the meantime it is the latest tech firm to wield the axe. Read More

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Posted: Feb 14 2023, 11:32

Author Name: Proactive Investors

IRBT News

By InvestorPlace
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3 Machine Learning Stocks to Dump Before the Damage Is Done

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By Zacks Investment Research
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Why Is iRobot (IRBT) Down 4.7% Since Last Earnings Report?

iRobot (IRBT) reported earnings 30 days ago. What's next for the stock?

By InvestorPlace
August 24, 2023

3 Millionaire-Maker Robotics Stocks to Load Up Now

For investors seeking opportunities, undervalued robotics stocks offer potential for significant gains in a rebounding high-growth sector. Depressed v

By InvestorPlace
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The 3 Most Undervalued Robotics Stocks to Buy Now: August 2023

If you're an investor constantly on the hunt for promising opportunities, you may see clear bargains emerging in robotics stocks. With valuations depr

By Zacks Investment Research
August 9, 2023

iRobot (IRBT) Reports Q2 Net Loss, Y/Y Revenue Decline

iRobot's (IRBT) second-quarter 2023 revenues decline 7.4% on account of reduced orders and increased pricing competition.

By Zacks Investment Research
August 8, 2023

IRobot (IRBT) Reports Q2 Loss, Tops Revenue Estimates

IRobot (IRBT) came out with a quarterly loss of $1.42 per share versus the Zacks Consensus Estimate of a loss of $1.69. This compares to loss of $0.35

By The Motley Fool
August 7, 2023

Why iRobot Stock Fell 11.6% Last Month

Shares of iRobot dropped 11.6% in July, reflecting a lower price per share in the long struggle over the Amazon buyout. The company secured a $200 mil

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