Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
Roku Laying Off Another 200 Employees, 6% Of Workforce
deadline.comRoku said today it plans to lay off 200 employees, or 6% of its workforce, as part of a restructuring plan as the drumbeat of staff cuts across the industry continues.
Roku laid off 200 last fall on advertising woes and a challenging economy, both of which are still rocky. Roku said in a statement today that it approved the plan to lower “the year-over-year operating expense growth and prioritize projects that the Company believes will have a higher return on investment.” The plan will also result “in the exit and sublease, or cease use, of certain office facilities that the Company does not currently occupy.” Roku estimates that it will incur non-recurring charges of approximately $30 to $35 million in connection with the restructuring, primarily consisting of severance payments, notice pay, employee benefits contributions and related costs and impairment charges for facilities.
The charges will hit in the (current) first quarter of 2023 and that the implementation of the headcount reductions, including cash payments, will be substantially complete by the end of the second quarter.
Roku remains a key gateway to streaming but has been hit like much of the industry with a soft ad market due in large part to an uncertain economy, as well as a broader shift across the streaming landscape since emerging from Covid.
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