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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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[–] Infynis@midwest.social 25 points 1 year ago (3 children)

You'll still be able to stream stuff from normal apps. It's just the apps owned by Roku that will be affected, which, I don't know about you, but I've never used despite having three Rokus

[–] HubertManne@kbin.social 6 points 1 year ago

I actually have. I don't think roku had any content that was not available on other free stream services. It came down to how do you like you ad blocks.

[–] snooggums@kbin.social 1 points 1 year ago

I installed the Roku channel to watch the Wierd AL mocumentary, then promptly uninstalled it after. That was enough for me.

Enjoy the hardware for streaming other services!

[–] AbidanYre@lemmy.world -2 points 1 year ago

As someone who does not have any rokus, I have also never used those apps :-)