Amazon abandons 1.4 billion wedding with iRobot. The EU's formal objections to the agreement weigh heavily.
The wedding has also raised concerns in the United States, where Federal Trade Commission staff warned Amazon last week about the operation. With Amazon's step backwards, i Robot is forced to launch a restructuring that involves the dismissal of 350 employees and the replacement of CEO Colin Angle. The company "will do better with a new leader who has experience in reorganizations," said Angle whose role will be taken on an interim basis.