GoPro cutting workforce to fewer than 1,000 worldwide

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A GoPro device featuring 16 cameras, to be used with Google's "Jump," to provide viewers with 360-degree video, is shown during the Google I/O developers conference in San Francisco, California May 28, 2015. REUTERS/Robert Galbraith/File Photo (Copyright Reuters 2016)

Jan 8 (Reuters) - GoPro Inc said on Monday it expects fourth-quarter revenue to fall below its earlier forecast and the action camera-maker also said it would lower its workforce to fewer than 1,000 from the current 1,254 employees.

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The company has also cut the price of its highly anticipated Hero6 cameras to $399 from $499.

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GoPro now expects fourth-quarter revenue of $340 million, compared with its projection of $470 million, plus or minus $10 million, in November.

TechCrunch said last week that GoPro cut 200-300 jobs from its aerial division, which makes the Karma drones. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Savio D'Souza)

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