Technology

57418 readers

6608 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

443

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

86 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] Xartle@lemmy.ml 13 points 11 months ago (1 children)

Absolutely. Roku probably would be doing fine if they stuck with the cute little TV boxes and didn't have to keep making growth targets for the parasites. That drive for constant growth has made their core product suck more too...

[–] Shadywack@lemmy.world 4 points 11 months ago (1 children)

Having used Roku stuff recently, and helping family out with their new shiny Roku tv's, I couldn't agree more. You took the words right from me. They enshittified bigtime since the days people genuinely loved using their products.

[–] dezmd@lemmy.world 1 points 11 months ago

Roku tv interfaces are still better than vizio and even samsungs slower advertising interfaces.