Toast Inventory Rises 15% as Restaurant Software program Agency Broadcasts 550 Job Cuts
Key Takeaways Toast Inc. stated it plans to put off 550 staff as a part of its restructuring plan to extend effectivity. The layoff plan is anticipated to incur prices of as much as $55 million within the present quarter. Toast additionally stated it plans to purchase again as much
Roku Warns of Challenges Forward as Income Per Consumer Falls, Sending Inventory Plunging
Key Takeaways Roku's common income per person dropped 4% from a yr in the past. Executives warned about macroeconomic challenges and a tough media setting. Shares plunged 24% on the information in early buying and selling Friday. Shares of Roku (ROKU) cratered 24% after the streaming service reported a drop