Fitbit may be cutting up to 10 percent of its workforce after lackluster Q4

Enlarge (credit: Valentina Palladino)

Fitbit may be delivering some bad news along with its fourth quarter earnings today. According to a report from The Information, the fitness wearable company may be cutting five to 10 percent of its workforce, with the cuts coming from multiple departments. The exact reason for the cuts are unknown, but Fitbit is reportedly undergoing reorganization to focus on not just hardware in the coming year, but software changes as well. This reorganization...

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