By Bobby Jefferson on Thursday, 07 November 2024
Category: Tech News

iRobot is laying off staff for the second time this year

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The latest round will impact 16 percent of the robovac maker’s workforce.

Nov 7, 2024, 5:35 PM UTC

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Photo by Jennifer Pattison Tuohy / The Verge

iRobot, the parent company of robovac maker Roomba, is laying off around 105 employees. In a filing with the Securities and Exchange Commission spotted by TechCrunch, iRobot says the job cuts will impact 16 percent of its current workforce.

The company announced the news as part of its earnings report released on Wednesday. “These moves, while challenging, have fundamentally changed the way we work with our partners to efficiently develop and build our robots,” iRobot CEO Gary Cohen said during an earnings call.

Additionally, Cohen said the company’s “new operating model is able to deliver a significant increase” in new products at a lower cost and with fewer resources. iRobot has released several new products in 2024, including a more affordable self-emptying robovac. That’s opposed to the one or two new models iRobot typically launched each year in the past.

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Original author: Emma Roth
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