As you may or may not be aware, if you're a publicly traded company, then you're required to file documents with the appropriate government bodies ahead of making certain changes. In this specific case, we're talking about San Mateo, California-based GoPro, which recently filed a form 8K with the US Securities and Exchange Commission.
Why? Because, it said, it planned to engage in a restructuring plan that its investors needed to know about ahead of time. The company's Board of Directors came to this decision on April 7, 2026, wherein it determined that around 145 of its current employees will be laid off between Q2 of 2026 and the end of the year.
Furthermore, it said, its most recent headcount included 631 employees. That means around 23% of its current workforce is expected to need to find themselves new jobs after these layoffs commence.
