GoPro Cuts 23% of Workforce Amid Revenue Decline
April 9, 2026 at 12:47
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✦ AI Summary
- 145 employees will be laid off as part of the restructuring
- The company faces declining revenues and aims to innovate with the GP3 processor
- This strategic move is designed to stabilize the business moving forward
GoPro is taking decisive action by laying off 145 employees, which represents a 23% reduction in its workforce. This reduction comes in response to a troubling decline in revenue.
The company aims to revitalize its market presence with the introduction of its new GP3 processor, hoping to turn the tide in its financial performance. As it navigates through these challenges, GoPro is focused on innovation to secure its future.
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