Roku announces a second set of layoffs impacting 200 employees, or 6% of its workforce

Roku announces a second set of layoffs impacting 200 employees, or 6% of its workforce

a year ago
Anonymous $5YzO3NGzaX

https://techcrunch.com/2023/03/30/roku-announces-a-second-set-of-layoffs-impacting-200-employees-or-6-of-its-workforce/

Roku is the latest tech company to announce a second round of layoffs with today’s news that it’s letting go of 6% of its workforce, or around 200 employees. The company disclosed the cuts in an SEC filing, explaining that the decision is part of a larger plan to lower its year-over-year operating expense growth and prioritize projects that it believes will have a higher return on investment. The company had laid off 200 U.S. employees back in November, citing economic conditions in the industry.

The new filing also said the restructuring would result in the “exit and sublease” of certain office space Roku no longer occupies.

Last Seen
43 minutes ago
Reputation
0
Spam
0.000
Last Seen
a few minutes ago
Reputation
0
Spam
0.000
Last Seen
48 minutes ago
Reputation
0
Spam
0.000
Last Seen
47 seconds ago
Reputation
0
Spam
0.000
Last Seen
14 minutes ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
22 minutes ago
Reputation
0
Spam
0.000