GoPro Shares Edge Up After-Hours On 23% Layoff Announcement

The layoffs are expected to be completed by the end of 2026 and estimated to result in a charge of $11.5 million to $15 million, the company said.
In this photo illustration, the American technology company and manufacturer known for its action cameras GoPro logo is displayed on a smartphone screen. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)
In this photo illustration, the American technology company and manufacturer known for its action cameras GoPro logo is displayed on a smartphone screen. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)
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Anan Ashraf·Stocktwits
Published Apr 07, 2026   |   4:30 PM EDT
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Shares of GoPro, Inc. (GPRO) edged up 1% after-hours on Tuesday after the company announced that it will layoff about 145 employees in a bid to reduce operating costs.

The action camera manufacturer said that the layoffs account for 23% of its global headcount of 631 employees as of the end of the first quarter.

The layoffs are expected to be completed by the end of 2026 and are estimated to result in a charge of $11.5 million to $15 million, the company said. 

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