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January 30, 2017 02:44 pm GMT
As anticipated, wearable leader Fitbit kicked off the week by announcing a six-percent reduction in global work force, following disappointing fourth quarter financials.The company will go into greater detail on today’s earnings call, but a preliminary statement issued this morning details the loss of 110 jobs, as part of a “reorganization of its business” designed to… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GSC6vb0uI1I/
Fitbit to cut six-percent of its staff following a disappointing Q4
As anticipated, wearable leader Fitbit kicked off the week by announcing a six-percent reduction in global work force, following disappointing fourth quarter financials.The company will go into greater detail on today’s earnings call, but a preliminary statement issued this morning details the loss of 110 jobs, as part of a “reorganization of its business” designed to… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/GSC6vb0uI1I/
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