Jawbone, the maker of the Jambox speaker and variety of fitness trackers, confirmed Friday it will lay
off 15% of its global workforce. In a statement Friday, Jawbone says the cuts were made to create a more "streamlined and successful" business. "We are sad to see colleagues go, but we know that these
changes, while difficult for those impacted, will set us up for even greater success," said Jawbone in a statement.
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