GoPro says it's laying off 200 employees, or ~20% of its staff, and aims to reduce expenses by ~$100M by switching mostly to a direct-to-consumer model
GoPro has announced that it will lay off 200 employees or around 20 percent of its workforce due to the coronavirus pandemic.
GoPro issues weak guidance, drops CEO cash compensation to $1, will cut staff by 20%, exit drone business; CEO says he'd consider selling firm; stock down ~15%
The camera maker had a celebrated IPO in 2014. Gary Ng / iPhone in Canada Blog : GoPro Hires JP Morgan for Potential Sale, Cuts 20% of Jobs, Kills Drone Business Maya Kosoff / Vanity Fair : GoPro's Se...
GoPro issues weak guidance, plans to cut workforce by 20% or ~250, reduces CEO cash compensation to $1, and will exit the drone business; stock down 20%+
GoPro lowered fourth quarter guidance Monday and confirmed layoffs of at least 250 employees. — Shares were halted in premarket trading.
Sources: GoPro is cutting 200-300 jobs, largely impacting its Karma drone division
GoPro is in the process of laying off around 200-300 employees this week, TechCrunch has learned from sources close to the company. The hits to the company were largely concentrated in its aerial div...
GoPro poaches top Apple designer Daniel Coster to be VP of design; GoPro shares jump over 18%
GoPro Poached a Top Apple Designer and Shares Are Soaring — Shares of GoPro gpro popped nearly 16% in afternoon trading Wednesday after a report said the troubled camera maker had poached a member o...
GoPro entertainment head Zander Lurie to become SurveyMonkey CEO, replacing Bill Veghte, who was there for six months
Super Bowl fever is beginning to grip San Francisco … D.B. Hebbard / Talking New Media : Musical chairs Silicon Valley: GoPro exec Zander Lurie leaves to become CEO at SurveyMonkey Quentin Hardy / New...
GoPro hires former Hulu original series chief, Charlotte Koh, as head of features and series for content push
Janko Roettgers / Variety :
GoPro's SVP of media Zander Lurie to also serve as executive chairman of SurveyMonkey for three months after CEO David Goldberg's death
Kara Swisher / Re/code :
Among America's top 50 philanthopists, tech industry figures gave 47% of total donations in 2014
America's biggest donors gave $9.8-billion … Gregory Ferenstein / VentureBeat : Tech elite account for half of the money given by top 50 U.S. donors (in 2 graphs) Chris Rauber / bizjournals : Nearly h...