Roomba maker announces plans to axe 31% of workforce and exit of CEO after collapse of acquisition
Amazon has dropped its planned $1.4bn (£1.1bn) acquisition of the Roomba maker iRobot, amid EUopposition to the deal.
The e-commerce company will pay a $94m break fee to iRobot, which immediately announced plans to axe 31% of its workforce – or 350 employees – and the departure of its chief executive.
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Roomba maker announces plans to axe 31% of workforce and exit of CEO after collapse of acquisition
Amazon has dropped its planned $1.4bn (£1.1bn) acquisition of the Roomba maker iRobot, amid EUopposition to the deal.
The e-commerce company will pay a $94m break fee to iRobot, which immediately announced plans to axe 31% of its workforce – or 350 employees – and the departure of its chief executive. Continue reading…Technology | The Guardian