GoPro slashes workforce by 270 amidst continuing retrenchment
Action camera and software specialist GoPro has extended a recent run of job losses with plans to lay off a further 270 people, continuing a program of severe retrenchment.
The latest job losses follow earlier rounds of cuts which saw 300 posts lost last year, a response to a disastrous 2015. Something of an annus horriblis for GoPro this fateful year saw its stock price tank in the wake of poor Christmas sales and a product recall for its flagship folding Karma drone, amidst reports some
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