GoPro has really had some hard times lately… After the failed launch of their drone “Karma”, they announced on Wednesday a mayor company restructuring including a cut of 15% on their stuff members – 200 Employees, shrinking their office space and a total stop of hiring.
But a failed launch and the large recall of Karma weren’t the only reasons to this reaction, it´s a result of the bad business decisions GoPro did in the last year and as a consequence GoPro president (since 2014) Tony Bates will be leaving the company at the end of this year.
In contrast to the stuff, the investors reacted well and the stocks gained a plus of 4%
But there is yet one good news from them… They are giving away a FREE Hero5*, to anyone who returns the Karma bundle!
Read more here…