Comment

Comment by driscoll42

When Roomba thought it was about to be acquired by Amazon, it did lay off 10% of its staff - https://www.therobotreport.com/irobot-laying-off-10-of-staff.... and after the deal was canceled, it was disclosed that they had reduced R&D and focused on margin improvements, and there was some brain drain as people left Roomba as it was in a 18 month limbo - https://www.verdict.co.uk/irobot-to-cut-over-a-third-of-its-.... And of course all this self inflicted pain only hurt them doubly as the Amazon deal fell through. If they had acted as if they weren't going to be acquired they might be fine, but they tried to maximize the shareholder revenue.
parent driscoll42 10 months ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton