Medical and Hospital News  
INTERNET SPACE
GoPro cuts staff, shifts focus
by Staff Writers
San Francisco (AFP) Nov 30, 2016


Mini-camera maker GoPro announced plans Wednesday to cut 15 percent of its staff as its shifts its focus to its core manufacturing operations.

GoPro, a onetime star of the sector with cameras used for social media and sports photography, said the cuts would eliminate around 200 jobs,

The California group said it would eliminate its "entertainment" division that produced original video content.

"Consumer demand for GoPro is solid and we've sharply narrowed our focus to concentrate on our core business," said founder and chief executive Nicholas Woodman.

"We are headed into 2017 with a powerful global brand, our best ever products, and a clear roadmap for restored growth and profitability in 2017."

GoPro's stock has been under pressure from recent losses and sliding revenues since hitting a peak in 2014.

It was also hit with a recall of its newly introduced Karma drone, designed to carry its cameras.

The company earlier this year cut around seven percent of its workforce.

soe/rl/sg

GOPRO


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Satellite-based Internet technologies






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
INTERNET SPACE
Mobile use drives US holiday shopping gains
San Francisco (AFP) Nov 29, 2016
Americans are turning to their mobile devices for deals to kick off the holiday shopping season, with retail trends increasingly upended by ever-present smartphones. According to Adobe Digital Insights, the four-day Thanksgiving Day weekend that normally marks the start of the holiday season saw online sales of $36.5 billion, up seven percent from last year - more than a third of that comin ... read more


INTERNET SPACE
UT professor develops algorithm to improve online mapping of disaster areas

Ukraine to unveil giant new safety dome over Chernobyl

13 held over China power plant collapse as toll hits 74: media

Timeline of Chernobyl nuclear disaster

INTERNET SPACE
High-Precision System for Real-Time Navigation Data of GLONASS Ready for Service

Launch of new Galileo navigation quartet

How NASA and John Deere Helped Tractors Drive Themselves

Flying the fantastic four

INTERNET SPACE
The role of physical environment in the 'broken windows' theory

Scientist uses 'dinosaur crater' rocks, prehistoric teeth to track ancient humans

Genes for speech may not be limited to humans

Traumatic stress shapes the brains of boys and girls in different ways

INTERNET SPACE
A reindeer's perilous journey in Swedish Lapland

US rancher allowed to hunt mountain lion behind alpaca slaughter

Indian court bans firecracker sales in smog-hit Delhi

Diversity without limits

INTERNET SPACE
El Nino conditions in the Pacific precedes dengue fever epidemics

Worrying traces of resistant bacteria in air

Rift Valley Fever epidemic kills at least 32 in Niger

HIV treatment soars, but young African women suffer: UN

INTERNET SPACE
Fat lady sings for Chinese rural opera

China to control public smoking nationwide by year-end

Dalai Lama visits Mongolia over China's objections

Eight dead in fighting in Myanmar town on China border

INTERNET SPACE
African leaders tackle piracy, illegal fishing at Lome summit

US to deport ex-navy chief drug trafficker to Guinea-Bissau

Gunmen ambush Mexican military convoy, kill 5 soldiers

Mexican army to probe killings of six in their home

INTERNET SPACE
Property and credit booms stablise China growth

China data and US banks propel equities higher

No debt-for-equity cure for zombie firms, says China

China's ranks of super-rich rise despite economic slowdown









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.