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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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[–] peanutdust@lemm.ee 8 points 1 year ago (1 children)

They where only popular bc the other options where also crappy or very expensive. Also I highly doubt anyone bought a roku tv bc it was roku, it's more like they didnt have a choice.

[–] BURN@lemmy.world 8 points 1 year ago (1 children)

I definitely did. It’s the best of the interfaces I’ve worked with. Samsung and LG both have abysmal built in OS’s and I do want an internet connected TV.

They’re privacy nightmares, but they work a whole lot better than the competition.

[–] EnderMB@lemmy.world 6 points 1 year ago

Fully agreed. It's the best of a bad situation, and their apps do run reasonably well compared to the absolute shitshow that is Samsung.