Between summer road trips, backyard hangs, chores, and just trying to stay cool, there’s a lot to stock up on this season.

How iRobot Lost Its Market Edge. During its early years, iRobot achieved remarkable success. The Roomba became synonymous with robot vacuums, capturing an impressive 64% of the market in 2016.

iRobot also disclosed that it had reduced its headcount by more than 50% from 2023, to 541. Even so, the company’s December 2024 annual report said the total revenue, $681.8 million, was down 23 ...

Roomba's creator iRobot admitted it could be out of business within 12 months with the release of its Q4 2024 financial results.

The potential demise follows Amazon abandoning its $1.7 billion takeover of the smaller firm early last year. The tech giant scrapped the deal after facing scrutiny from both US and European monopoly ...

iRobot was long overdue for a product redesign to win back its once overwhelming share of the robot vacuum market. The company just announced such a reinvention for its complete product line; it ...

Robotics firm iRobot, originator of the robotic vacuum Roomba facing stiff competition from lower-priced competitors, told investors Tuesday that there was "substantial doubt" about the company's ...

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its preliminary financial results for the fourth quarter ended December 28, 2024.

Roomba maker iRobot is laying off 105 employees — about 16% of the company’s workforce, per an SEC filing — saying the cuts are part of an “operational restructuring plan.”. The move ...

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Julie Zeiler, the company's chief financial officer, and Russ Campanello, the company's chief human resources officer ...

iRobot Select, the monthly subscription program that let you get a new robot vacuum for $29 a month, has been shut down. The program that let you pay monthly for a Roomba is gone.

Current iRobot Select users who signed up for the two-year plan automatically move over to a month-to-month commitment once their two-year term ends, and “this policy will continue” following ...