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@amazon ends $1.4 billion iRobot acquisition #shorts

Amazon (AMZN) ends bid to acquire Roomba-maker iRobot (IRBT), citing ‘no path to regulatory approval in the European Union.’ As a result, iRobot announced it is cutting 350 jobs, about 31% of its workforce, and that Chairman and CEO Colin Angle will be stepping down. Yahoo Finance’s Seana Smith reports on January 29, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #amazon #irobot #irobotroomba #roomba #aquisition #buyout #andyjassy