Home Cycling Lay-offs at GoPro as action camera market hots up

Lay-offs at GoPro as action camera market hots up

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Action camera company GoPro is set to lay off 23% of its workforce as a result of a new restructuring plan, reports Bicycle Retailer and Industry News.

The company, whose miniature video cameras were one of the first to help riders capture on-bike footage, currently employs 631 people, and the impending lay-offs will affect around 145 of them.

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