Technology

59472 readers

5118 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

247

Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff (www.cnbc.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

51 comments fedilink hide all child comments

Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff::Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.

you are viewing a single comment's thread
view the rest of the comments

[–] avidamoeba@lemmy.ca 25 points 9 months ago* (last edited 9 months ago) (1 children)

Is it a busted company? I quickly found data for 2009-2022 and they've registered profit for every year till 2022 when they had their first loss. They've been around since the 90s.

[–] Patches@sh.itjust.works 13 points 9 months ago* (last edited 9 months ago)

every year till 2022 when they had their first loss

Numbers must always go up. Never down.

Especially when interest rates quadrupled.