Roku will lay off 200 staff to enhance its working bills and concentrate on tasks resulting in a “greater return on funding.”
The transfer is a part of the corporate’s restructuring plan and can affect six p.c of its workforce, in keeping with a latest submitting with the U.S. Securities and Alternate Fee.
As The Verge reviews, that is Roku’s second spherical of layoffs in latest months. The corporate laid off 200 staff within the U.S. in November.
The latest submitting doesn’t specify the place impacted staff are positioned. Roku has workplaces worldwide, together with one in Toronto, Ontario, its web site reveals.
Roku’s layoffs comply with the steps of a number of different tech firms, together with Amazon, Disney, and Microsoft.
Picture credit score: Roku
Supply: U.S. Securities and Alternate Fee Through: The Verge
