Irobot layoffs, on the record
Every job cut, severance charge and restructuring Irobot reported in its annual reports, 2022 to 2024, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2022 | 1,254 full-time employees | As of December 31, 2022 |
| 10-K for 2023 | 1,113 | December 30, 2023 |
| 10-K for 2024 | 541 employees | — |
Job cuts, severance and restructuring
Our summaryiRobot initiated an August 2022 restructuring to align its cost structure, reducing its workforce by terminating employees and eliminating open positions.
Word for word“The Company recorded restructuring charges of $ 5.2 million for employee severance and benefit costs related to the termination of approximately 100 employees, and made severance and benefit payments of approximately $ 3.6 million resulting from the restructuring during fiscal 2022.” 10-K for 2022
Our summaryiRobot started a new restructuring program that reduced its workforce as a follow-on to the August 2022 restructuring.
Word for word“As a follow-on action to our August 2022 restructuring of operations and in anticipation that market conditions will remain challenging into 2023, we initiated a new restructuring program at the beginning of February 2023 and reduced our workforce by approximately 85 employees or 7%.” 10-K for 2022
Our summaryiRobot approved a plan to market portions of its headquarters to reduce its global office footprint and subleased a portion of the space.
Word for word“In October 2022, the Company approved a plan to market portions of its headquarters with the intent to reduce its global office footprint ("Facility restructuring").” 10-K for 2022
Our summaryiRobot reports a total reduction of employees since the end of fiscal 2021, including the February 2023 reduction.
Word for word“Including the aforementioned reduction in force of 85 employees, the Company has had a total reduction of 203 employees since the end of fiscal 2021.” 10-K for 2022
Our summaryFurther reduced workforce by about 85 employees in the first quarter of fiscal 2023, bringing total reduction since Q2 fiscal 2022 to 325 employees.
Word for word“During the first quarter of fiscal 2023, we further reduced our workforce by approximately 85 employees.” 10-K for 2023
Our summaryAnnounced a 2024 operational restructuring plan to reduce headcount by about 350 employees, about 31% of the global workforce.
Word for word“A critical component of our operational restructuring plan is the overall reduction of approximately 350 employees, which represents 31% of our global workforce as of December 30, 2023.” 10-K for 2023
Our summaryImplemented an August 2022 restructuring that reduced the workforce by about 100 employees, 8% of the global workforce.
Word for word“In August 2022, the Company initiated a restructuring of its operations designed to realign its cost structure with near-term revenue and cash flow generation, advance key strategy priorities, increase efficiencies and improve its profitability going forward, and reduced its workforce by approximately 100 employees, which represented 8 % of the Company's global workforce.” 10-K for 2023
Our summarySigned sublease agreements for portions of the headquarters as part of facility restructuring, with a non-cash restructuring charge tied to subleasing.
Word for word“The decrease was partially offset by a non-cash restructuring charge of $4.6 million associated with subleasing portions of our headquarters.” 10-K for 2023
Our summaryAs part of its 2024 operational restructuring plan, the company cut roughly 440 employees, about 40% of its global workforce.
Word for word“During fiscal 2024, we initiated an overall workforce reduction of approximately 440 employees, which represented 40% of our global workforce as of December 30, 2023.” 10-K for 2024
Our summaryAfter the Amazon merger was terminated, the company announced an operational restructuring plan that includes a workforce reduction and shifting commodity engineering work to contract manufacturers.
Word for word“On January 29, 2024, following the termination of the Merger Agreement, we announced the implementation of an operational restructuring plan to drive profitability.” 10-K for 2024
Our summaryThe 2024 restructuring plan drove higher restructuring and other expenses, including severance-related costs and other restructuring costs.
Word for word“The increase was driven by the 2024 operational restructuring plan which began in March 2024 and includes $22.2 million of severance-related costs as well as other restructuring costs of $11.7 million, $9.4 million of which was associated with the write-offs and material liabilities related to our core floorcare business.” 10-K for 2024
Our summaryAn earlier restructuring plan from 2023 produced severance costs and facility-related asset write-offs tied to subleasing part of the Bedford headquarters.
Word for word“The $8.2 million of restructuring and other expenses during fiscal 2023 was driven by the 2023 operational restructuring plan which began in February 2023 and included $4.0 million in asset write offs and impairment related to the plan to sublease portions of our headquarters in Bedford with the intent to reduce our global office footprint ("Facility restructuring"), as well as $3.6 million of severance-related costs.” 10-K for 2024
Our summaryIn fiscal 2022 the company recorded severance from an August 2022 restructuring, along with warehouse consolidation and asset write-off charges.
Word for word“The $13.6 million of restructuring and other expenses during fiscal 2022 was related to $6.1 million in severance from the August 2022 restructuring, $4.0 million related to consolidation of warehouses and $3.4 million in asset write off and impairment related to the Facility restructuring plan.” 10-K for 2024
| Fiscal year ended | Restructuring charges | Cash paid for restructuring | Positions eliminated |
|---|---|---|---|
| 2016-12-31 | $1.9 million | — | — |
| 2022-12-31 | $9 million | $3.6 million | — |
| 2023-12-30 | $8.2 million | — | — |
| 2024-12-28 | $28.7 million | $23.3 million | 440 |
Irobot filed 4 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Irobot’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-03-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.