GoPro confirms layoffs, shuts down Karma drone division
Action-camera leader GoPro confirmed in a press release plans to reduce headcount by about 300 with the closure of its Karma drone division. Restructuring costs will be $23-$33 million – about half of which will be severance – recognized in the first quarter. The company also reported a price reduction in its HERO5 Black camera for the holidays significantly increased...
Read More