“Roku to cut about 10% of its workforce as it ups quarter sales expectations and shares soar, again”
September 6, 2023
“Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses.
The streaming platform also said in a regulatory filing Wednesday that it expects adjusted third-quarter revenue of between $835 million and $875 million, which is much better than the $828.6 million that Wall Street was projecting, according to analysts polled by FactSet…”
https://finance.yahoo.com/news/roku-cut-10-workforce-ups-121702764.html