Streaming Device & Media company “Roku layoff started” is what was posted on the anonymous professional network Blind. As mentioned by one of the Roku employees on the social network.
The streaming device maker has already forecast 2022 revenue growth of 35%, but its shares have taken a beating, down 60% this year as competition in the streaming sector escalates.
Roku makes it easy and affordable to watch your favorite TV. Roku devices act as the home for all of your entertainment so you can streamline your setup, replace your expensive cable equipment, and watch what you love—all while saving money.