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

submitted 11 months 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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[–] zerkrazus@lemmy.world 10 points 11 months ago

But we can't have that I guess. I fucking hate corporations so much.