news    views    talk    learn    |    about    contribute     republish     crowdfunding     archives     events

iRobot to cut 9% of workers from military div; consumer products booming

November 5, 2011

iRobot CEO Colin Angle said the workforce reduction will result in a $1 million charge but won’t impact the home robots business unit.
Federal government cutbacks in military R&D spending are the reason for the reduction in force.
The home robot business grew 32 percent in the quarter — with 56 percent growth outside the U.S.

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series... read more


Other articles on similar topics:


comments powered by Disqus


Biowatch: Biometric Identification Using Veins
August 5, 2017

Are you planning to crowdfund your robot startup?

Need help spreading the word?

Join the Robohub crowdfunding page and increase the visibility of your campaign