Roblox CEO David Baszucki has doubled down on his hopes of allowing the video game platform to be a place where adults can go ...

Roblox, the community-focused gaming platform popular amongst kids, ... Roblox cuts 30 on talent acquisition team as hiring slows. Rita Liao. 11:19 AM PDT · September 21, 2023.

Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years.

Roblox lost $0.43 per share during the fourth-quarter, as bookings climbed 19.4% year-over-year to $923.8M. Analysts had expected a loss of $0.53 per share and $892.8M in bookings.

Roblox, the community-focused gaming platform popular amongst kids, has downsized a substantial portion of its talent acquisition team, signaling a shift in the company's focus from expansion to ...