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Roku lays off 300 workers and removes streaming content to save money (www.engadget.com)

submitted 1 year ago by DannyMac@lemmy.world to c/technology@lemmy.world

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Roku looks to be seriously tightening its pursestrings. The company’s laying off a full ten percent of its workforce, over 300 employees, in addition to a conducting a number of other cost-cutting measures, as reported by Variety. These job cuts are just the beginning, as Roku’s also removing streaming content, consolidating office space and reducing outside service expenses. The goal here is a major reduction in the year-over-year operating expense growth rate.

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[-] bobman@unilem.org 9 points 1 year ago

Damn. I wish people who had nothing to live for would just camp outside these guys' mansions with an AR instead of attacking innocent crowds of people.

Our lives are worse because theirs are better.

this post was submitted on 07 Sep 2023

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