Streaming device maker Roku is laying off around 200 employees, or 6% of its workforce, as part of a plan to reduce operating expenses and prioritize high return-on-investment projects. The company will incur approximately $30 to $35 million in non-recurring charges related to severance costs, notice pay, and other related costs related to the exit and sublease of certain office space. This is the second round of layoffs for Roku, which had laid off 200 U.S. employees in November 2021. Roku beat its own revenue expectations in its Q4 2022 earnings, reporting $867.1 million in total net revenue and 70 million active accounts worldwide.