GoPro Announces Layoffs and Restructuring Plan to Cut Costs

US-based GoPro is implementing a significant restructuring plan, including slashing 23% of its workforce, affecting approximately 145 employees, to reduce costs and improve its financial standing.

8 Apr, 11:08 — 8 Apr, 11:08

Post Share

Sources

Showing 1 of 1 sources

Times of IndiaMostly Factual148d ago

GoPro layoffs: CEO says board has approved restructuring plan to slash costs

US-based GoPro is set to slash 23% of its workforce, impacting around 145 employees, as part of a significant restructuring to cut costs and improve its financial standing. The wearable camera maker anticipates charges between $11.5 million and $15 million for severance and benefits.

By TOI TECH DESK

Read full article →

GoPro Announces Layoffs and Restructuring Plan to Cut Costs

Sources

GoPro layoffs: CEO says board has approved restructuring plan to slash costs

Related Stories

Japan Household Spending Drops 3.6% in July for Eighth Consecutive Month

US Probes Deadly Strike on Iranian Wedding Linked to American Munitions

Yen Surges to 155 Against Dollar Amid Fed Rate Hold and BOJ Hike Speculation

Volkswagen Approves Major Restructuring Plan to Cut 100,000 Jobs