GoPro, Inc.
GoPro, Inc. designs, manufactures and sells compact action cameras, accessories and editing software targeted primarily at consumers and enthusiasts. The company is known for its durable, mountable cameras used in sports, adventure and content-creation applications, and it also offers cloud-based subscription services for media management.
Layoff history
EMPLOYEES AFFECTED PER QUARTER · HOVER FOR DETAILS
Layoff timeline
4 EVENTSGoPro has announced plans to cut 23% of its workforce in the Bay Area as part of a restructuring effort. This decision comes amid ongoing challenges in the market and aims to streamline operations. While the exact number of employees affected has not been specified, the layoffs reflect a significant reduction in staff as the company seeks to improve its financial position. The timing of these layoffs has not been detailed, indicating that further information may be forthcoming.
The article discusses GoPro's recent decision to cut nearly 25% of its workforce as part of a restructuring effort. This move is aimed at improving the company's financial health amid ongoing challenges in the market. The layoffs are significant, reflecting GoPro's need to streamline operations and adapt to changing consumer demands. However, specific details regarding the number of employees affected or the locations of these layoffs are not provided.
Kent State University has announced plans for layoffs as it faces an $18 million projected budget shortfall. The university is taking these measures to address financial challenges, although specific details regarding the number of employees affected and the departments involved have not been disclosed. The layoffs are part of a broader strategy to manage the institution's finances effectively. As the situation develops, more information may be released regarding the timeline and scope of the layoffs.
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