GoPro To Layoff 15%

GoPro Inc. is an American technology company founded in 2002 and headquartered in San Mateo, California. It manufactures action cameras and develops its own mobile apps and video-editing software.

According to reports, GoPro has announced plans to lay off 15% of its workforce, which amounts to about 139 employees, as part of a restructuring plan aimed at reducing expenses and streamlining operations for long-term growth.

The report further mentions that the layoffs are expected to begin in the third quarter and would be completed by the end of 2024.