this post was submitted on 12 Mar 2025
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iRobot is likely to collapse within 12 months. (www.theregister.com)
submitted 1 day ago by Tea@programming.dev to c/technology@lemmy.world
176 comments fedilink hide all child comments
 

Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant's takeover offer, has warned investors it may not survive the next 12 months.

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[–] skozzii@lemmy.ca 59 points 21 hours ago (3 children)

Oof, as an American company the rest of the world is boycotting them too.

Yup, they are toast. I dont think the Americans have realized how much permanent damage Trump has caused.

[–] NightCrawlerProMax@lemmy.world 4 points 13 hours ago

I highly doubt his voters will ever realize it. People who voted for him have single digit IQs. Other Americans warned them before hand.

[–] SpaceCowboy@lemmy.ca 10 points 16 hours ago

Not only boycotts, it'll also be a prime target for retaliatory tariffs. So for even those that don't care about the boycott, a Roomba will cost at least 25% more than the equivalent robot vacuum made in Korea.

[–] Global_Liberty@lemmy.ml 25 points 21 hours ago (1 children)

Democrats have known from the moment he was elected. Republicans are starting to figure it out now that they are feeling the effects. Of course, they were the ones who caused it so....

[–] Crashumbc@lemmy.world 10 points 20 hours ago (2 children)

They're really not though, maga fascists, actually believe this is a mere speed bump on the way to the promised land...

[–] limelight79@lemm.ee 7 points 16 hours ago

"Many economists are saying that the market was due for a correction..."

I've seen that comment a few times in the last few days. They'll say ANYTHING to support Dear Leader.

[–] CarbonBasedNPU@lemm.ee 0 points 14 hours ago (1 children)

Economists will literally say anything to perpetuate capitalism/the status quo.

[–] Wasp14@lemmy.world 2 points 12 hours ago

All the economists here (Canada) are saying this is an absolute disaster that will cause a recession. No reasonable person believes these tariffs are a net positive.