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Article Date: March 2017
Word Count: 133

GoPro Will Cut More Jobs, Show Adjusted Profit in 2017


The company will cut 270 jobs, or about 17% of its 1,552 employees, as part of its efforts to get SG&A under control which it now projects will bring full-year GAAP operating expenses to below $585 million. It expects severance and other costs recorded in Q1 will total $10 million for the restructuring, which also includes unspecified program cuts. GPRO also said that Q1 revenues will be ... Log in to view full article.

 


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