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GoPro to cut 15% of workforce in restructuring effort

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GoPro to cut 15% of workforce in restructuring effort

By Matt Burns

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GoPro today announced the company will cut 200 jobs, about 15% of its global workforce. The company says this will reduce its 2017 non-GAAP operating expenses to about $650 million and will help the company fulfill CEO Nick Woodman’s stated goal of returning the company to profitbility in 2017. Company president Tony Bates is stepping down from his position at the end of 2016, saying in… Read More

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Source:: TechCrunch Gadgets

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