Roku Cutting 10 Percent of Workforce, Freezing Hiring

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, on Sept. 28, 2017. Brendan McDermid/Reuters

Digital streaming device maker Roku is planning yet another round of layoffs and will slow down on hiring as part of cost-cutting efforts, it has said.

The San Jose, California-based company announced the new layoffs in a Sept. 5 regulatory filing with the Securities and Exchange Commission (SEC).