Roku will lay off another 200 workers
that it will lay off another 200 workers, or about six percent of its current headcount. It also plans to either close or sublease offices that aren't in active use. The layoffs will help the firm limit its expenses and focus on projects that will have a"higher return on investment," Roku says.
The device and platform creator expects to pay between $30 million and $35 million to handle the layoffs and building closures. Most of those costs should be paid in the first quarter, or by the end of this month. The layoffs should be finished by the end of Roku's second quarter, or June. In November, Roku said it would eliminate 200 jobs in response to rough"economic conditions." It expected a year-over-year drop in revenue, and had already been struggling with slowing revenue growth in the second half of 2022. Like fellow internet video rivals
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