GoPro to cut 270 jobs as part of restructuring effort

GoPro plans to eliminate another 270 jobs, the company revealed in its Q1 2017 guidance report, via a combination of layoffs and open position cancellations. The workforce reduction follows a similar layoff of 200 workers announced in November 2016, and is part of a larger business restructuring effort to cut costs and maintainprofitability. According to the new guidance report, GoProis 'tracking to full-year non-GAAP profitability in 2017.' The company anticipates taking on about $10 million in...