GoPro, Inc. (GPRO): restructuring charge — GoPro cuts ~145 jobs (23% of workforce) in restructuring; charges $11.5-15M

GoPro, Inc.

Board approved restructuring plan on April 7, 2026 to reduce operating costs.
Reduction in force of ~145 employees, about 23% of Q1 headcount of 631.
Restructuring expected to result in aggregate charges of $11.5M to $15M.
Cash expenditures spread across Q2 ($1.5M), Q3 ($5.5-8M), and Q4 ($4.5-5.5M) 2026.
Charges consist of one-time termination benefits including severance and healthcare.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

GoPro, Inc. announced a restructuring with charges of $11.5 million to $15 million (approximately 145 employees, representing approximately 23% of the Company’s ending first quarter headcount of 631 emplo).

Type: restructuring
Charge: $11.5 million to $15 million
Headcount: approximately 145 employees, representing approximately 23% of the Company’s ending first quarter headcount of 631 emplo

Exact text from the filing

quarter of 2026 and is expected to be substantially completed by the end of 2026. The Restructuring Plan is expected to result in an estimated aggregate charge in the range of $11.5 million to $15 million. Cash expenditures will be approximately $1.5 million of the estimated aggregate charge in the second quarter of 2026, approximately $5.5 million to $8 million of

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3 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

GoPro, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-024066

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