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Roku lays off 300 workers and removes streaming content to save money (www.engadget.com)

submitted 1 year ago by DannyMac@lemmy.world to c/technology@lemmy.world

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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.

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[-] AbidanYre@lemmy.world 31 points 1 year ago

removes streaming content

What else do they do/have?

[-] Infynis@midwest.social 26 points 1 year ago

You'll still be able to stream stuff from normal apps. It's just the apps owned by Roku that will be affected, which, I don't know about you, but I've never used despite having three Rokus

[-] HubertManne@kbin.social 6 points 1 year ago

I actually have. I don't think roku had any content that was not available on other free stream services. It came down to how do you like you ad blocks.

[-] snooggums@kbin.social 1 points 1 year ago

I installed the Roku channel to watch the Wierd AL mocumentary, then promptly uninstalled it after. That was enough for me.

Enjoy the hardware for streaming other services!

[-] AbidanYre@lemmy.world -2 points 1 year ago

As someone who does not have any rokus, I have also never used those apps :-)

[-] greybeard@lemmy.one 6 points 1 year ago

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.

[-] GeekFTW@kbin.social 2 points 1 year ago

The hardware side, I assume.

this post was submitted on 07 Sep 2023

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