Just months after a previous round of layoffs.
. While the first round affected its US workforce specifically, today’s filing doesn’t specify where the affected workers are based.
The layoffs are expected to impact around 6 percent of Roku’s workforce, and are part of a restructuring plan to “lower the company’s year-over-year operating expense growth and prioritize projects that the company believes will have a higher return on investment.” The restructuring changes are expected to mostly be completed by the end of the second quarter of this year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Roku to Cut Another 200 Jobs as Advertising Uncertainty ContinuesThe company says that the cuts represent about 6% of its workforce.
Read more »
Roku to lay off 200 employees, exit some leases to cut costsShares of Roku Inc. rallied 2.7% in premarket trading Thursday, after the streaming-media company disclosed that it would lay off 200 employees, or about 6%...
Read more »
Roku Plus Series TV review: better than you may expect | Digital TrendsRoku's first streaming TV aims to find the perfect mix of premium and accessible, but has it done enough to compete with its own brand partners?
Read more »
Why is Roku making its own TVs now? | Digital TrendsRoku has dived headlong into the TV business — but what does this mean for its future? We take a look at the bold move as we prepare to review Roku's first TVs.
Read more »
EA is cutting around 800 jobs in company restructuring | EngadgetElectronic Arts is reducing its workforce by six percent, company CEO Andrew Wilson has announced in a blog post..
Read more »
Electronic Arts Says It Is Laying Off 6% of WorkforceElectronic Arts said it is laying off about 6% of its workforce and reducing its office-space footprint to focus its spending on the best growth opportunities in the videogame industry
Read more »