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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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[–] Blackmist@feddit.uk 2 points 1 year ago (1 children)

I love that there's loads of these sites.

Been watching a load of old crap on them recently. Stuff like Timecop. It's like discovering an old world that the regular streaming services forgot.

"Piracy is almost always a service problem and not a pricing problem." said Father Gabe years ago. And he's right. If there was one legit service that had all this stuff, all you can eat streaming, for like £30 a month, all in as high quality as they made it, surround sound and all the trimming, I'd pay it.

But they don't, so I nick it.