GoPro Thursday announced it will cut 7 percent of its workforce and that revenue last year was less than expected, sending the mini-camera maker's shares into a dive. The job cuts represent hundreds of positions, with the stated intent being to "better align resources to key growth initiatives." Silicon Valley-based GoPro said that its ranks of employees had been growing by more than 50 percent annually and tallied more than 1,500 as of the end of 2015. GoPro released preliminary figures indicating that revenue for the final quarter of last year was approximately $435 million and was expected to tally $1.6 billion for all of 2015. The revenue represented a significant drop from the previous year and was well below analysts' expectations.