GoPro to Lay Off 200 People and Shutter Media Division

GoPro Logo

In a bid to save $650 million next year, GoPro has announced it will layoff 200 workers (about 15% of its workforce), cancel all open positions, and shutter its media division.  Company president Tony Bates has also said he will be stepping down by the end of the year.

Demand has been good for its latest camera releases, with sales of its cameras up 35% over last year.  The Karma Drone recall, however, could have some lasting impact on the future of its foray into that field.

The GoPro Press Release is here.

Here are some media links to the story:

GoPro Recalls Its Karma Drone

Image of a GoPro Karma Drone

GoPro announced yesterday it was recalling its Karma Drone.  This is their announcement on how to return the drone:

GoPro is committed to providing our customers with great product experiences. To honor this commitment, we have recalled Karma until we resolve a performance issue related to a loss of power during operation. We plan to resume shipment of Karma once the issue is addressed.

The return site has information on return to GoPro and Best Buy, as well as a number of frequently asked questions.

This return has been announce on the following websites:

iPhonedo: GoPro Karma vs DJI Mavic & Osmo Mobile – In Depth Review and Complete Comparison

image of iPhonedo's logo

iPhonedo  reviews the new GoPro Karma and the DJI Mavic as well as the Osmo Mobile.  His evaluation of the Karma is thus “the Karma is unquestionably, inarguably, unarguably, without a doubt, the worst drone I have ever flown.”  He goes on to say “it performs as a circus act.”  With regard to its weight he says it is “the Jaba the Hutt” of the bunch.