GoPro is cutting 23 percent of its workforce

Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. 145 employees are set to lose their jobs as the company struggles to return to profitability. 145 employees are set to lose their jobs as the company struggles to return to profitability. Posts from this author will be added to your daily email digest and your homepage feed. Posts from this author will be added to your daily email digest and your homepage feed. GoPro has announced plans to cut nearly a quarter of its workforce in an effort to return to profitability, after struggling with increased competition and declining revenue. The cuts, announced in a Form 8-K filing, are expected to amount to 145 jobs, roughly 23 percent of GoPro’s 631 employees, and could cost GoPro as much as $15 million in severance payments and healthcare benefits. The company says the cuts will be implemented during the second quarter of 2026, and most of the layoffs will be completed by the end of the year. The company previously laid off worke