Roku slashes San Jose office space, aims to sublease two big buildings

News Snapshot:

SAN JOSE — Roku has decided to slash its office footprint in San Jose as it seeks to sublease two big office buildings at its headquarters campus near the city’s airport, regulatory and real estate documents show. Internet company ByteDance, owner of the TikTok social network that hosts short-length videos, is in big-time hiring mode in San Jose and is deemed to be a possible candidate to sublease one or both of the Roku buildings, according to commercial property experts. Roku, a maker of cutting-edge video streaming devices is seeking to reduce its office footprint, the company stated in a...