iRobot Layoffs
February 2023
iRobot announced a layoff affecting 85 employees (7% of its workforce) in February 2023. The company operates in the Consumer sector.
85
7%
Feb 13, 2023
About
Roomba maker iRobot is laying off approximately 85 employees, representing about 7% of its workforce of 1,254. Announced in February 2023, these cuts are part of a broader effort to reduce costs amid challenging market conditions, including muted orders and a $84.1 million loss in the fourth quarter. This follows a previous round of layoffs in August 2022 and occurs while the company awaits regulatory approval for its $1.7 billion acquisition by Amazon. The move aligns iRobot with other tech firms trimming staff due to economic pressures like rising interest rates and slowing consumer demand.
Source
View Sourcewww.cnbc.comMore Consumer Layoffs
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