Streaming device maker Roku to cut 200 jobs in second round of layoffs


FILE PHOTO A video sign displays the logo for Roku Inc a Fox-backed video streaming firm in Times Square after the companys IPO at the Nasdaq Market in New York U.S. September 28 2017. REUTERSBrendan McDermidFile Photo

FILE PHOTO A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company's IPO at the Nasdaq Market in New York, U.S., September 28, 2017. REUTERS/Brendan McDermid/File Photo

(Reuters) - Roku Inc will lay off 6% of its workforce, or 200 employees, in its second round of job cuts, the U.S. streaming device maker said, sending its shares up nearly 3% before the bell on Thursday.

In a bid to lower expenses, the company also decided to exit and sub-lease office facilities that it did not currently occupy.

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