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 More

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