this post was submitted on 07 Sep 2023
442 points (99.3% liked)

Technology

69658 readers
2481 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
442
Roku lays off 300 workers and removes streaming content to save money (www.engadget.com)
submitted 2 years ago by [email protected] to c/[email protected]
85 comments fedilink hide all child comments
 

Roku looks to be seriously tightening its pursestrings. The company’s laying off a full ten percent of its workforce, over 300 employees, in addition to a conducting a number of other cost-cutting measures, as reported by Variety. These job cuts are just the beginning, as Roku’s also removing streaming content, consolidating office space and reducing outside service expenses. The goal here is a major reduction in the year-over-year operating expense growth rate.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 31 points 2 years ago (12 children)

removes streaming content

What else do they do/have?

[–] [email protected] 6 points 2 years ago (1 children)

A popular and powerful device for streaming other services. And direct integration in certain TVs as the "Smart" OS. Streaming was something they tried to build their offering and widen their reach when Google and Apple started getting decent streaming boxes themselves and TV manufacturers started having usable(while still bad) smart OSs.

load more comments (10 replies)