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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

85 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.

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[–] Reygle@lemmy.world 18 points 1 year ago (1 children)

I shouldn't be this excited about the link, but double-checked the specs on their official site and it's not even equipped with ethernet/wifi- the world is so shitty these days that I almost squealed like a little girl. Thanks for sharing that.

[–] dudewitbow@lemmy.ml 3 points 1 year ago (1 children)

Why would it need ethernet/wifi if its a dumb tv?

[–] Reygle@lemmy.world 12 points 1 year ago

It wouldn't. That's the feature I wanted to NOT see on it :D