Roku announces a second set of layoffs impacting 200 employees, or 6% of its workforce

Roku is the latest tech company to announce a second round of layoffs with today’s news that it’s letting go of 6% of its workforce, or around 200 employees. The company disclosed the cuts in an SEC filing, explaining that the decision is part of a larger plan to lower its year-over-year operating expense growth and prioritize projects that it believes will have a higher return on investment. The company had laid off 200 U.S. employees back in November, citing economic conditions in the industry.
The new filing also said the restructuring would result in the “exit and subleas

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