Skip to main content

Roku is laying off another 6 percent of its workforce

Photo of a hand holding a Roku remote.
Photo by Chris Welch / The Verge

Roku plans to lay off an additional 200 employees, the company announced today in an 8-K filing with the US Securities and Exchange Commission, a little over four months after announcing a previous round of 200 layoffs last November. While the first round affected its US workforce specifically, today’s filing doesn’t specify where the affected workers are based.

The layoffs are expected to impact around 6 percent of Roku’s workforce, and are part of a restructuring plan to “lower the company’s year-over-year operating expense growth and prioritize projects that the company believes will have a higher return on investment.” The restructuring changes are expected to mostly be completed by the end of the second quarter of this year.

R...

Continue reading…



from The Verge - All Posts https://ift.tt/CY4NRF0

Comments

Popular posts from this blog

Pandora Stories lets artists add commentary to their own playlists

Pandora launched Stories today, a tool that lets artists and creators add voice commentary to their own playlists. The Stories feature merges podcasts with music playlists, and is meant for artists to add context to an album, or for podcasters to experiment with new storytelling formats. The feature is part of Pandora AMP, the streaming service’s free Artist Marketing Platform that helps creators promote their work. To kick off the launch, Pandora’s prepared some Stories by artists like John Legend and Daddy Yankee, who tell listeners their personal stories interspersed between their own songs. There’s also a Stories playlist called Love Songs That Aren’t Really Love Songs , which includes commentary on individual songs like a podcast... Continue reading… from The Verge - All Posts https://ift.tt/2Xz1oNc

Nomad’s 3-in-1 MagSafe Charger and the Sonos One are down to their best prices

Nomad’s minimalist Base One Max 3-in-1 is on sale for $95. | Image: Nomad Fancy phone chargers are nice, but they’re often too expensive to justify the cost. Nomad’s Base One Max 3-in-1 is one of those rare unicorns that delivers a lot of value for your money, however, thus making it worth the splurge. After all, the device can simultaneously charge a MagSafe-compatible phone, your Apple Watch, and a pair of AirPods (or another Qi-compatible device) — that’s something not even Nomad’s forthcoming Qi2 charger can do. What’s even better is that Nomad is currently selling the hefty, MagSafe-certified charger in both black and silver for its Black Friday price of $95 ($55 off). Designed with metal and glass, Nomad’s minimalist slab will look slick on any desk or bedside table. It’s also powerful, delivering up to... Continue reading… from The Verge - All Posts https://ift.tt/25YJfqR

Asus’ foldable laptop goes on sale for $3,499.99

The Asus Zenbook 17 Fold OLED, more or less fully unfolded.  | Photo by Monica Chin / The Verge Asus’ first foray into the world of folding-screen laptops, the Zenbook 17 Fold OLED, is now on sale for $3,499.99, the company has announced . Asus says the laptop is being sold in the US via B&H and Newegg though as of this writing only Newegg seems to have the laptop available for immediate shipping, with B&H listing it as “coming soon.” That aligns with the Q4 target date given to us when we reviewed the laptop in August . At $3,499.99, Zenbook 17 Fold OLED is eye-wateringly expensive, but my colleague Monica Chin points out that it’s the first such device that starts to deliver on the promise of this new form factor. You can either use the laptop with its 17.3-inch 2560 x 1920 screen fully unfolded and paired with a bluetooth keyboard... Continue reading… from The Verge - All Posts https://ift.tt/P4q7sej