Amazon has backed out of the $1.4 billion acquisition of iRobot, leading to significant repercussions for the vacuum maker. In response, iRobot has announced a substantial 31% reduction in its workforce. Simultaneously, iRobot’s CEO is stepping down from their position. Despite the canceled acquisition, Amazon is providing iRobot with a $94 million termination fee. iRobot … Continue reading iRobot Faces Setback as Amazon Cancels $1.4 Billion Acquisition, Triggering Major Restructuring and Workforce Reduction