Rohan Goswami / CNBC:

After Amazon ended its acquisition, iRobot plans to lay off 31% of its staff, or ~350 people, and says chair and CEO Colin Angle would step down; IRBT drops 5%+  —  - Amazon and iRobot mutually agreed to call off their planned acquisition, writing that there was “no path” to regulatory approval and sending iRobot shares down 15%.

Rohan Goswami / CNBC:

After Amazon ended its acquisition, iRobot plans to lay off 31% of its staff, or ~350 people, and says chair and CEO Colin Angle would step down; IRBT drops 5%+  —  - Amazon and iRobot mutually agreed to call off their planned acquisition, writing that there was “no path” to regulatory approval and sending iRobot shares down 15%.

Source: TechMeme
Source Link: http://www.techmeme.com/240129/p11#a240129p11