GoPro Exits Drone Business, Sacks 300 Employees, Reduces HERO6 Black to $399

GoPro has announced a series of cost-cutting measures today, including its decision to exit the drone market and reduce its workforce. This will enable an $80 million reduction in operating expenses compared to 2017 levels. In 2018, GoPro will continue to innovate with several new products aimed at new and existing customers.