https://sg.finance.yahoo.com/news/roku-announces-laying-off-over-172905355.html

ROKU Announces Laying Off Over 6% of Its Workforce to Cut Costs

Fri, 31 March 2023 at 1:29 AM SGT

Roku, Inc. ROKU approved a restructuring plan to lower the company's year-over-year operating expense growth and prioritize projects that it believes will have a higher return on investment.

The decision is expected to impact approximately 200 employees, which is around 6% of the company's workforce. Shares of Roku rallied 2.7% in premarket trading on Mar 30, after the streaming-media company announced its cost-cutting plan.

Meta, Facebook’s Parent, to Lay Off Another 10,000 Workers - The New York Times

https://www.nytimes.com/2023/03/14/technology/meta-facebook-layoffs.html

Meta to Lay Off Another 10,000 Workers

It would be the tech company's second round of cuts since November. Mark Zuckerberg, its chief executive, has declared 2023 the "year of efficiency."

March 14, 2023Updated 4:42 p.m. ET

Mark Zuckerberg, Meta's chief executive, said last month that he did not want his company to be overstuffed with a layer of middle management.Jason Henry for The New York Times

By Mike Isaac

Mike Isaac reports on Meta and social networking from San Francisco.

Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about 10,000 employees, or roughly 13 percent of its work force, the latest move to hew to what the company's founder, Mark Zuckerberg, has called a "year of efficiency."