Brief: GoPro Anticipates Worforce Reduction Of About 15% From Co's Q2 Headcount

GoPro

19/08/2024 22:35

Aug 19 (Reuters) - GoPro Inc  GPRO.O :
    * GOPRO INC - RESTRUCTURING PLAN IS ANTICIPATED TO ENTAIL A
REDUCTION IN FORCE OF APPROXIMATELY 15% FROM OUR ENDING SECOND
QUARTER HEADCOUNT
    * GOPRO INC - RESTRUCTURING PLAN IS EXPECTED TO RESULT IN AN
ESTIMATED AGGREGATE CHARGE OF IN THE RANGE OF $5 MILLION TO $7
MILLION.
    * GOPRO INC - EXPECTS TO INCUR MAJORITY OF RESTRUCTURING AND
RELATED CHARGES IN Q4
    * GOPRO INC -  REDUCTION IN FORCE BEGINNING IN Q3 2024 AND
IS
EXPECTED TO BE SUBSTANTIALLY COMPLETED BY THE END OF 2024

Source text for Eikon:  ID:n0001500435-24-000145 
Further company coverage:  GPRO.O 

 ((Reuters.Briefs@thomsonreuters.com;))