{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-084450","form_type":"8-K","ticker":"ROKU","cik":"0001428439","company_name":"ROKU, INC","filed_at":"2023-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.903586+00:00","generated_at":"2026-06-17T09:07:25.382028+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Roku approves restructuring plan affecting ~200 employees (6% of workforce), expects $30-35M charges","bullets":["Plan approved March 29, 2023; impacts ~200 employees (6% of workforce) and exit/sublease of unused office facilities.","Estimated non-recurring charges of $30-35M, primarily severance, benefits, and impairment on office facilities.","Majority of charges expected in Q1 2023; headcount reductions substantially complete by end of Q2 2023.","Restructuring aims to lower year-over-year operating expense growth and prioritize higher-ROI projects."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-084450","json":"https://secwatch.observer/filing/0001193125-23-084450.json","markdown":"https://secwatch.observer/filing/0001193125-23-084450.md","text":"https://secwatch.observer/filing/0001193125-23-084450.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1428439/000119312523084450/0001193125-23-084450-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1428439/000119312523084450/d489695d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T09:07:25.382028+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c358fa3524e3b6c4bed0bf1c74da3ccfd1a3354","claim":"ROKU, INC announced a restructuring with charges of approximately $30 to $35 million (approximately 200 employees, approximately 6% of the Company's workforce).","evidence_excerpt":"On March 29, 2023, Roku, Inc. (the “Company”) approved a restructuring plan (the “Plan”) to lower the Company’s year-over-year operating expense growth and prioritize projects that the Company believes will have a higher return on investment, which is expected to impact approximately 200 employees, approximately 6% of the Company’s workforce, and result in the exit and sublease, or cease use, of certain office facilities that the Company does not currently occupy. The Company estimates that it will incur non-recurring charges of approximately $30 to $35 million in connection with the Plan, primarily consisting of severance payments, notice pay, employee benefits contributions and related costs and impairment charges related to the exit and sublease, or cease use, of certain office facilities that the Company does not currently occupy.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1428439/000119312523084450/0001193125-23-084450-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $30 to $35 million"},{"label":"Headcount","value":"approximately 200 employees, approximately 6% of the Company's workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}