Roku turns to layoffs (again) and removes streaming content to cut costs

A photo of a Roku remote in a person’s hand. Photo by Chris Welch / The Verge

Roku will be laying off 10 percent of its employees — more than 300 people — in its third round of workforce cuts in under a year. As reported by Variety, Roku revealed the move in an 8-K SEC filing early on Wednesday and says it made the decision in an effort to reduce operating expenses.

“The company determined to implement additional measures to continue to bring down its y...

Read Entire Article

© 2024 Thiratti. All rights reserved.