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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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[–] dan1101@lemm.ee 6 points 1 year ago

I love the Roku remote and interface. But I have a Google TV and even though I'm sure it's sending my viewing habits to Google it's also basically and Android device so you can do many more things with it than a Roku. You can't install anything on a Roku that Roku doesn't specifically authorize.