Roku to Cut Another 200 Jobs as Advertising Uncertainty Continues

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Roku to Cut Another 200 Jobs as Advertising Uncertainty Continues
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The company says that the cuts represent about 6% of its workforce.

is set to undergo another round of layoffs, the company disclosed in a securities filing Thursday morning.

Roku says that it will cut another 200 jobs, or about 6% of its workforce, in the coming days and weeks. These would be the second round of layoffs at Roku in about 4 months, with the company previously having cut about 200 jobsThe company expects to take a $30-$35 million charge associated with the layoffs, mostly tied to severance payments and related costs. Roku also says that it will “exit and sublease, or cease use, of certain office facilities that the Company does not currently occupy.

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