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