Roku is laying off another 6 percent of its workforce

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Roku is laying off another 6 percent of its workforce

Posted by - Latinos MediaSyndication -

on - March 30, 2023 -

Filed in - Technology -

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Photo by Chris Welch / The Verge

Roku plans to lay off an additional 200 employees, the company announced today in an 8-K filing with the US Securities and Exchange Commission, a little over four months after announcing a previous round of 200 layoffs last November. While the first round affected its US workforce specifically, today’s filing doesn’t specify where the affected workers are based.

The layoffs are expected to impact around 6 percent of Roku’s workforce, and are part of a restructuring plan to “lower the company’s year-over-year operating expense growth and prioritize projects that the company believes will have a higher return on investment.” The restructuring changes are expected to mostly be completed by the end of the second quarter of this year.

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