Roku stock jumps after company says it will lay off 10% of workforce

Roku said it will lay off 10% of its workforce, or about 360 people, as the streaming software company looks to slash expenses. In a regulatory filing Wednesday, the company said the cost-cutting measures aim to bring down its year-over-year operating expense growth rate. The company added that it…#roku #sanjose #squawkonstreet #jimcramer
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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