- GoPro is cutting 23 percent of its workforce The Verge —
- GoPro layoffs: Action camera company to cut jobs in the US, CEO says: Board has approved restructuring plan to slash costs, which will … Times Of India —
- Amazon may be planning its third ‘big’ round of layoffs in a year: 14,000 jobs cuts expected across these teams Times Of India —
- Oracle cuts more than 700 jobs in California amid massive round of layoffs SFGate —
GoPro and Amazon layoffs
The cuts at GoPro will impact approximately 145 jobs as the company struggles with increased competition and declining revenue.
Amazon's rumored layoffs are expected to target white-collar workers and mid-level management across its AWS and retail divisions.
Both companies are facing pressure from investors to streamline operations amid a cooling tech sector.
These developments highlight the ongoing volatility in the global technology labor market.