Monday, October 26, 2026 · Daily editionET --:--:--

Setback

Amazon dropped its plan to buy iRobot. iRobot said it would lay off 31% of its staff, about 350 people, and its CEO Colin Angle stepped down.

A delay, pause or setback

What the source says

“The Roomba maker also announced it would lay off 31% of its employees, around 350 people,”
CNBC, 29 Jan 2024

What it means

Robot vacuums and mops, from Roborock, Ecovacs, Dreame, iRobot, Shark, is at stage 5 of 5 on our ladder: regulator-cleared or mass market. A setback stays on the record next to the milestones; the stage moves down only when the rules say so.

Human help: Our sources report it working without human help.