Is There A Bottom For GoPro?

It’s not been a good year for the action-camera category leader, which most recently laid off 15 percent of its workforce and will part ways with its president by the end of the year.

GoPro To Cut 15 Percent Of Workforce

GoPro will cut 15 percent of its workforce in a restructuring, which includes the closing of its entertainment division. GoPro president Tony Bates will also depart the company at the end of the year.