GoPro to reduce workforce 4% to shave $7.5 million in costs
GoPro Inc.'s (GPRO) stock rose 3.6% in extended trading Tuesday after the digital-camera maker said in a filing that it will trim its workforce 4% to save about $7.5 million in costs. The restructuring, which seeks to reduce operating costs and drive stronger operating leverage, will also reduce the Silicon Valley company's office space.
-Jon Swartz
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03-26-24 1741ET
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