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GoPro to Lay Off 23% of its Workforce This Year

Our take

GoPro has revealed plans to streamline its operations by reducing its global workforce by roughly 23%. This strategic decision aligns with the company's vision for innovation, as it gears up for the launch of a new generation of cameras powered by the highly anticipated GP3 processor. As GoPro embraces this transformative phase, the focus remains on enhancing product offerings and maintaining its commitment to delivering cutting-edge technology to its loyal customer base.
GoPro to Lay Off 23% of its Workforce This Year

A GoPro HERO13 action camera partially covered in dirt, lying at an angle on a rough surface. The image has a bold pink and red color filter, giving it a dramatic, high-contrast appearance.

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.

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