Roku (ROKU) Approves $30M-$35M Restructuring Plan

Published: March 30, 2023, 10:05 p.m.

b"Roku Inc. (ROKU) has approved restructuring plan. Jenny Horne discusses how ROKU plans to lower year-over-year operating expense growth. She talks about how this is expected to impact 6% of ROKU's total workforce, and the plan is expected to cost between $30M-$35M. She notes that ROKU is to prioritize projects with higher return on investment. Tune in to find out more about the stock market today."