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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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[–] Xartle@lemmy.ml 13 points 1 year 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 1 year 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 1 year ago

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