Roku narrows core loss forecast, plans to trim 10% workforce

2 weeks ago 24

By Reuters Staff

1 Min Read

FILE PHOTO: The Roku company logo is displayed on a building in Austin, Texas, U.S., October 25, 2021. REUTERS/Mike Blake

(Reuters) - Video streaming company Roku said on Wednesday it will reduce its workforce by about 10% and limit new hiring, among other measures to lower expenses.

Reporting by Yuvraj Malik in Bengaluru; Editing by Savio D’Souza


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