'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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