GoPro and VSCO lay off employees, change business models over COVID-19 pandemic

Amid ongoing social distancing efforts, both VSCO and GoPro have announced major business changes resulting from the economic downturn. In a post on his LinkedIn account, VSCO CEO Joel Flory revealed that his company had to lay off 45 employees this week. The announcement was followed by a similar message from GoPro, which revealed that it will be reducing its number of employees by 20%. Many companies are struggling to stay above water as a number of states and countries implement lockdown meas...