Imaging recource: GoPro is cutting 270 more jobs in their attempt to retain company value

    GoPro is planning on cutting 270 more jobs this quarter, this in addition to the 100 cut a year ago and the 200 back in November. This news came in addition to a pre-announcement of first quarter earnings released yesterday, which shows GoPro meeting their goal of hitting the "upper end of its previously announced $190-210 million range" in profitability. The job cuts are said to be part of the company's desire to reach "full-year non-GAAP profitability for 2017." That statement was given by GoPro’s founder and CEO Nick Woodman in...
(read more)

from Imaging Resource News Page http://ift.tt/2ns3xeu
via IFTTT