Following disappointing fourth quarter earnings, Fitbit plans to cut its workforce by 6%, the wearable announced
Monday. “A preliminary statement issued this morning details the loss of 110 jobs, as part of a ‘reorganization of its business,’” TechCrunch reports.
“The news follows what has been a disappointing several months for the wearable space at large, impacting even Fitbit, the dominant player in the space.”
Read the whole story at TechCrunch »
