The Bay Area-based camera maker GoPro plans to lay off 145 workers, or nearly a quarter of its workforce, to curb spending, according to a federal filing.
The company, which is based in San Mateo, said it expects to spend between $11.5 million and $15 million on severance and health care benefits for terminated employees.
California’s Employment Development Department and GoPro did not immediately respond to SFGATE’s requests for information.
This story will be updated.