GoPro layed off another 270 people in effort to try and help save money. This is their second round of layoffs in less than four months. The San Mateo, California based company currently employs roughly 1,500 people in total.
They have struggled in the last year, fighting weak sales and ratcheting back expectations. Their stock, which closed up 11 cents to $7.35 on Wednesday, has lost 30 percent of its value since February 1. Read more at CNET.