GoPro

GoPro laid off 145 employees representing approximately 23% of its workforce on 2026-04-07. The company is at the Post-IPO funding stage and operates in the Consumer sector.

GoPro laid off 139 employees representing approximately 15% of its workforce on 2024-08-19.

GoPro representing approximately 4% of its workforce on 2024-03-26.

In April 2020, action camera manufacturer GoPro announced a significant restructuring, laying off over 200 employees, which amounted to 20% of its workforce. The company, impacted by the COVID-19 pandemic's disruption to its global retail distribution, is shifting to a direct-to-consumer business model centered on GoPro.com to improve margins. This strategic pivot includes reducing office space in five regions and cutting operating expenses, targeting a $100 million reduction in 2020. Founder and CEO Nicholas Woodman also forewent his salary for the year, with the board receiving no cash compensation, as GoPro withdrew its earnings guidance for the first half of 2020 amid these changes.