GoPro to lay off over 20 percent of staff by the end of 2026
GoPro plans to lay off 23 percent of its global workforce, impacting 145 employees by the end of 2026 as part of a restructuring effort. The company is facing increased competition from rivals like DJI and Insta360, as well as smartphone cameras, after experiencing a revenue decline in 2025. Despite these challenges, GoPro is optimistic about 2026, pinning its hopes on its new AI-centric GP3 processor for upcoming camera models.
Engadget
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