Roku layoffs: Streaming company sacks another 200 employees as part of cost cutting
Shortpedia
Content Team
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Streaming company Roku is laying off additional 200 employees, after sacking a similar number of workers last November. In a filing with the US Securities and Exchange Commission, the company disclosed the latest layoff move. "On March 29, Roku approved a restructuring plan to lower the company's year-over-year operating expense growth and prioritise projects that the company believes will have a higher return on investment," it said in the filing.
