GoPro is getting rid of 270 positions as it tries to become profitable – Business Insider UK
GoPro announced Wednesday that it was cutting 270 jobs to reduce its operating expenses and achieve profitability. The camera maker had 1,552 employees as of December 2016 according to its website, so the layoffs amount to about 17% of its staff. GoPro shares jumped by as much as 12% in after-hours trading following the news.…