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Story summary
- GoPro, Inc. plans to cut 145 jobs, about 23% of its workforce, to regain profitability amid competition from DJI and smartphones.
- The layoffs will occur in Q2 2026, costing up to $15 million in severance and benefits, per a Form 8-K filing.
- This marks GoPro's third round of layoffs since 2024, following a year-end loss in 2025.
- GoPro plans to launch cameras powered by the GP3 processor.
