SEPTEMBER 16, 2023 — 10% REDUCTION IN FORCE
According to an SEC filing… “In light of Roku, Inc.’s continuing evaluation of its operations, on September 5, 2023, the Company determined to implement additional measures to continue to bring down its year-over-year operating expense growth rate by consolidating its office space utilization, performing a strategic review of its content portfolio, reducing outside services expenses, and slowing its year-over-year headcount expense growth rate through a workforce reduction and limiting new hires, among other measures. The workforce reduction is expected to impact approximately 10% of the Company’s employees. charge will be incurred in the
More than 300 employees are targeted for layoff.
NOVEMBER 30, 2022 — Original post…
San Jose, California-based Roku, a manufacturer of digital media player hardware to access streaming media content from online services, has announced a cost-cutting initiative leading to a reduction in force.
Approximately 200 employees, including 93 employees in San Jose, California will be impacted.
According to a company statement, "Taking these actions now will allow us to focus our investments on key strategic priorities to drive future growth and enhance our leadership position.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?