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GoPro to cut about 15 pct of workforce

Nov 30 GoPro Inc said on Wednesday it would cut about 15 percent of its workforce as the company restructures its once fast-growing action camera business.

GoPro said it will cut about 200 full-time positions, cancel open positions and shut down its entertainment division as part of the restructuring.

The company said it expects to incur about $24 million to $33 million in restructuring charges, mostly in its fourth quarter.

GoPro's shares were up 2.7 percent at $10.10 in premarket trading. (Reporting by Anya George Tharakan in Bengaluru; Editing by Sriraj Kalluvila)

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