GoPro (Again) Cuts Jobs Following First-Quarter Earnings
March 20, 2017 at 10:27 am

GoPro's pre-announced its first-quarter earnings and to sum it up, they are planning to cut 270 more jobs. If we are still keeping score, that adds up to 570 jobs, with 100 in January last year and another 200 in November. The steady hemorrhaging of positions can be blamed on a few different narratives. Many…

Cooling Drone Market Suffers More Layoffs
January 10, 2017 at 10:35 am

More bad news for the drone industry as French-based manufacturer Parrot is laying off a third of their drone division. Following a massive drop in fourth-quarter earnings, Parrot said they missed their target by about 100 million euros (~105,000 USD) with their drone revenue generating about 60 million euros between commercial and consumer. These distressed…