Roku lays off 200 US employees, citing economic conditions

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Roku lays off 200 US employees, citing economic conditions

Post by Admin » Thu Nov 17, 2022 6:44 pm

Roku wrote in a new SEC filing that it plans to cut 200 jobs in the U.S. as it braces for economic headwinds.

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Thanks to the workforce reduction, the company expects to incur a non-recurring charge of between $28 to $31 million, mainly because of severance payments, employee benefits contributions, other related expenses and notice pay “where applicable,” Roku said.[...] Continue Reading

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