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GoPro plans to lay off almost a quarter of its employees in an effort to save costs.
GoPro will lay off 23% of its workforce, affecting 145 out of 631 employees globally.
KEY POINTS
- The restructuring plan was approved on April 7, 2026, with layoffs to finish by year-end.
- GoPro estimates restructuring costs between $11.5 million and $15 million for severance and healthcare.
- GoPro plans to launch new cameras with the GP3 processor and AI features at NAB tradeshow this year.
- This is GoPro's third major layoff since 2024, following previous 4% and 25% workforce reductions.
COMPANIES
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