https://techcrunch.com/2020/04/16/gopro-lays-off-200-employees-representing-20-of-the-company/

Action camera manufacturer GoPro has announced some massive organizational changes at the company. In particular, the company is laying off over 200 employees — it represents a 20% staff reduction.

GoPro will shut down some offices altogether. There will be offices in five geographies after the round of layoffs. The company expects to reduce operating expenses by $100 million in 2020. But it says that it’ll cut operating expenses again by $250 million in 2021. In other words, if you still have a job at GoPro, you could lose your job next year.