Cancelled Karma Drone Promised Epic Images
Climbers love taking pictures and some enjoy taking them with drones when and where they’re allowed.
GoPro has cancelled their highly anticipated Karma Drone, which many climbers were excited about getting their hands on.
GoPro had a bad 2017 and their fourth quarter earnings report has made CEO Nick Woodman drop his salary to $1. Watch some Karma footage below.
They are also laying off over 250 staff in hopes of rebuilding their business. The employee count will drop from 1,254 under 1,000 after last year’s layoffs of a few hundred.
“GoPro is committed to turning our business around in 2018,” said Woodman.
“We entered the new year with strong sell-through and are excited with our hardware and software roadmap. We expect that going forward, our roadmap coupled with a lower operating expense model will enable GoPro to return to profitability and growth in the second half of 2018.”
The Karma was released last year but there were 2,500 drones recalled. “Furthermore, a hostile regulatory environment in Europe and the United States will likely reduce the total addressable market in the years ahead,” said GoPro.
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