In a conference call with financial analysts ahead of the release of its first-quarter financial results later this month, GoPro promised to cut its operating expenses this year by $200 million through various measures including the elimination of 270 jobs, or about 17 percent of its staff. The company, which had previously mentioned 200 job cuts, wants to stay more focused on its core business in action cameras, while improving efficiencies. GoPro, which recently put its foldable Karma drone back on the market, expects to report revenues at the top of its projected range of $190 million to $210 million for the quarter, but the new measures will involve restructuring charges of $10 million for the period. It also expects to post positive Ebitda results for the full financial year, with no need to draw on its credit facility, but GoPro has decided to issue $150 million worth of convertible senior unsecured notes maturing in 2022 at tough conditions.