'Roku to Lay Off 200 Employees, Cutting Headcount by
Off 200 Employees, Cutting Headcount by
Streaming platform
Roku said it will eliminate 200 jobs in the U
, citing “current
economic conditions,” cutting nearly 7% of its overall workforce
“This will
affect approximately 200 employee positions in the U
Taking these
actions now will allow us to focus our investments on key strategic priorities to drive
31, 2021,
Roku had about 3,000 full-time employees located in 13 countries
Roku joins
a wave of other tech and media companies making layoffs recently, including Amazon, Disney, Meta,
On the
Q3 earnings call, CEO Anthony Wood said, “This is not a normal holiday season
” The macroeconomic
headwinds “are creating a tremendous amount of uncertainty,” and the first thing companies do in
Wood said
some large advertisers Roku has worked with in the past “are not spending with anyone
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