GOPRO JOB SLASH…
Camera maker GoPro announced a 145 person layoff, roughly 23 percent of its global headcount, on Tuesday, as part of a company-wide restructuring plan to cut operating costs and increase operating leverage.
The layoffs will begin this quarter and are expected to finish by the end of 2026.
The San Mateo-based company said one-time termination benefits to laid-off employees will cost it $11.5 million to $15.5 million—around $1.5 million in the second quarter, $5.5 million to $8.5 million in the third quarter, and $4.5 million to $5.5 million in the third quarter.
GoPro is slashing 145 jobs — roughly 23% of its global workforce — as the once-hot camera maker scrambles to cut costs and steady a business battered by years of decline. The San Mateo company says the restructuring will run through 2026, but the pain is immediate: stock sank to 74 cents a share after the announcement, down nearly 94% from five years ago, while revenue fell 21.5% for the year and EBITDA has stayed negative for three straight years. With tariffs, layoffs, and a fresh product push all colliding at once, GoPro is fighting to prove it still has a future.
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Today’s Birthday
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James Buchanan "Diamond Jim" Brady (1856)August 12, 2026
Financier and philanthropist "Diamond Jim" Brady exemplified the American Dream. He started out as a bellboy and messenger before getting a job with the New York Central Railroad and then working his way up through the industry, eventually amassing a fortune selling railroad supplies. With his newfound wealth, he indulged in his two greatest weaknesses: food—one restaurant owner reportedly called him "the best 25 customers I ever had"—and jewels. What was supposedly a typical meal for Brady?
Financier and philanthropist "Diamond Jim" Brady exemplified the American Dream. He started out as a bellboy and messenger before getting a job with the New York Central Railroad and then working his way up through the industry, eventually amassing a fortune selling railroad supplies. With his newfound wealth, he indulged in his two greatest weaknesses: food—one restaurant owner reportedly called him "the best 25 customers I ever had"—and jewels. What was supposedly a typical meal for Brady?Today’s Holiday
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Queen's Birthday (Thailand)August 12, 2026
The Queen's Birthday is a nationwide celebration in Thailand of the birthday of Her Majesty Queen Sirikit (b. 1932). Throughout the country, buildings are decorated to honor the queen, but the most splendid are in Bangkok, where buildings and streets are brilliant with colored lights.
The Queen's Birthday is a nationwide celebration in ARTICLE OF THE DAY
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Lake MalawiAugust 12, 2026
The third largest lake in Africa and ninth largest in the world, Lake Malawi is bounded on the west and south by Malawi, on the east by Mozambique, and on the north by Tanzania. Also known as Lake Nyasa—so named by Scottish missionary David Livingstone in 1859—it is approximately 360 miles (580 km) long with an average width of 25 miles (40 km). Fed by 14 rivers, it is home to more than 200 recorded species of fish—making it one of the most species-diverse lakes in the world. How deep is it?
The third largest lake in Africa and ninth largest in the world, Lake Malawi is bounded on the west and south by Malawi, on the east by Mozambique, and on the north by Tanzania. Also known as Lake Nyasa—so named by Scottish missionary David Livingstone in 1859—it is approximately 360 miles (580 km) long with an average width of 25 miles (40 km). Fed by 14 rivers, it is home to more than 200 recorded species of fish—making it one of the most species-diverse lakes in the world. How deep is it?
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