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Streaming devices maker Roku to lay off 200 employees in US
short by Anisha Joneja / on Thursday, 17 November, 2022
Roku, video streaming devices maker, will cut 5% of its staff or about 200 employees in US due to "current economic conditions". Roku will incur costs up to nearly $31 million in severance and other layoff payments in the fourth quarter. The firm's shares have fallen nearly 75% this year and is the latest tech company to plan layoffs.
read more at Reuters