GoPro Announces Layoffs Amid ‘Restructuring Plan’

Action Camera Maker GoPro Lays Off 23 Percent of Workforce to Cut Costs

Camera maker GoPro announced a 145 person layoff, roughly 23 percent of its global headcount, on Tuesday, as part of a company-wide restructuring plan to cut operating costs and increase operating leverage. The layoffs will begin this quarter and are expected to finish by the end of 2026. The San Mateo-based company said one-time termination benefits to laid-off employees will cost it $11.5 million to $15.5 million—around $1.5 million in the sec…

San-Mateo based GoPro plans layoffs affecting nearly a quarter of workforce

GoPro plans to cut nearly a quarter of its workforce this year as part of a restructuring effort to reduce costs, according to a filing with the U.S. Securities and Exchange Commission.

GoPro announces layoffs amid ‘restructuring plan’

(KRON) -- Action camera-maker GoPro is planning to reduce its global headcount by 23%, according to a filing with the Securities and Exchange Commission. The layoffs, which will amount to about 145 people losing their jobs, are part of a broader restructuring plan, the filing states. Screaming naked man with shotgun arrested at Tesla service center in Berkeley The San Mateo-based camera company said it will implement the job cuts in the second q…

GoPro to Lay Off 23% of its Workforce This Year

GoPro has announced plans to reduce its global workforce by approximately 23%, a move that comes as the company prepares for a widely anticipated new generation of cameras built around its upcoming GP3 processor.

GoPro to lay off over 20 percent of staff by the end of 2026

GoPro will cut 23 percent of its global workforce by the end of this year, as the action camera pioneer looks to reverse its fortunes in a competitive market. 145 employees will be laid off, with the restructuring process commencing in the second quarter of 2026, the San Mateo company said in a Form 8-K filing. At the end of the first quarter, GoPro’s total number of employees stood at 631, and it expects the cuts to cost it between $11.5 millio…

GoPro Layoffs: Action Camera Company To Cut 23% of Global Workforce in Major Restructuring | 📲 LatestLY

GoPro is cutting 23 per cent of its workforce, affecting 145 employees, as part of a 2026 restructuring plan to lower costs. Despite a 26 per cent drop in expenses last year, the company missed 2025 profit targets. CEO Nicholas Woodman is now pivoting toward AI-powered hardware and cinema-grade cameras to offset macroeconomic pressures and declining revenue. 📲 GoPro Layoffs: Action Camera Company To Cut 23% of Global Workforce in Major Restruct…