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Bay Area-based tech company announces shocking layoff of nearly a quarter of its workforce

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More pain for the Bay Area tech sector as another company announces layoffs — this time a staggering 23% of the workforce. The San Mateo action-based camera maker GoPro will let nearly a quarter of its workforce around the world go by the second quarter of 2026, according to a filing with the Securities and Exchange commission. The company, which first launched its camera line in the early 2000s, plans to cut some 145 jobs globally, representing 23% of the company’s ending first quarter head count of 631 employees, per the filing.

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