Struggling GoPro Cutting About 200 Jobs
GoPro Inc said on Wednesday it would cut about 15 percent of its workforce as the company restructures its once fast-growing action camera business. GoPro said it will cut about 200 full-time positions, cancel open positions and shut down its entertainment division as part of the restructuring. The company said it expects to incur about 24 million to 33 million in restructuring charges, mostly in its fourth quarter. GoPros shares were up 2.7 percent at 10.10 in premarket trading. , FindTheCompany  Graphiq