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GoPro exits drone market, cuts over 250 jobs, and drops price of Hero6 Black by $100

It's a day of tough news at GoPro. In addition to confirming a report from late last week that the company would be cutting between 200 and 300 jobs (the actual number is at least 255), GoPro's Preliminary Fourth Quarter 2017 Results release included several other cost cutting announcements, including: a price cut for the GoPro Hero6 Black to spur sales, CEO Nick Woodman reducing his own cash compensation to $1 for 2018, and the big one, GoPro will no longer make drones. dpreview.com »

2018-1-8 19:36