GoPro dismiss employees due to falling sales
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POSTER: computer news || GOPRO DISMISS EMPLOYEES DUE TO FALLING SALES |
DATE:2016-01-14 |
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GoPro Company announced that it would reduce staff. T According to the publication, GoPro fell on hard times. Because of falling sales GoPro cameras in the fourth quarter, the company had to cut 7% of employees (about 105 people). In the final quarter 2015 revenues of $ 435 million. At first glance it might seem a good result, but should take into account the fact that many analysts had forecast quarterly revenue at more than $ 510 million, and indeed GoPro expect more. As expected, GoPro comment on current financial situation on February 3 when will be published financial results for the fourth quarter 2015. It is noted that the demand for action camera is reduced. In addition, GoPro has faced competition from other manufacturers offering action camera at lower prices. | ||
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GOPRO DISMISS EMPLOYEES DUE TO FALLING SALES |
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