Roku layoffs: Streaming company to fire 200 US employees
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Streaming company Roku has announced that it is laying off 200 US employees, or roughly 7 per cent of its workforce. According to the company, the cuts aim to reduce its "headcount expenses" by around 5 per cent because it is trying to spend less on operations in the face of "current economic conditions" in the advertising and streaming industry, reports The Verge.