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Roomba maker iRobot is laying off 105 employees — about 16 % of the company ’s workforce , per an SECfiling — saying the cuts are part of an “ operating restructuring architectural plan . ”
The move come after iRobot slashedroughly 350 job — about 31 % of its workforce — to begin with this year . Those cuts were made after architectural plan for an Amazon acquisition descend through . Amazon planned to acquire iRobot for $ 1.7 billion , but the companies reciprocally terminated the agreement , noting that they did n’t see a way of life to regulative approval in the European Union . iRobot obtain a $ 94 million termination fee from Amazon as a answer .
iRobot CEO Gary Cohen addressed the latest cuts during the company’sQ3 2024 lucre callon Wednesday .
“ These motion , while intriguing , have fundamentally alter the way we work with our partners to expeditiously grow and build our robots , ” Cohen said . “ Our new operating model is able to deliver a pregnant addition in new merchandise unveiling with less than half the inner resources and around one - third the cost . ”
Since the start of 2024 , the company has reduced its global workforce by approximately 50 % .
