News Summary

• GoPro has announced plans to cut nearly a quarter of its workforce in an effort to return to profitability.
• The cuts, announced in a Form 8-K filing, are expected to amount to 145 jobs, roughly 23 percent of GoPro’s 631 employees.
• The company says the cuts will be implemented during the second quarter of 2026, and most of the layoffs will be completed by the end of the year.
• In recent years its action cameras and 360 cameras have faced increased competition from rivals including DJI and Insta360.