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Fitbit to slash 6% of workforce, 6.4 million devices sold in Q4 2016

Fitbit has announced preliminary results for Q4 2016. The company is slashing 6 percent of its global workforce which is 110 of its employees as a result of disappointing fourth quarter financials. The wearable maker expects to report 6.5 million devices sold and revenue for the fourth quarter of 2016 to be in the range of … Continue reading "Fitbit to slash 6% of workforce, 6.4 million devices sold in Q4 2016"
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http://www.fonearena.com/blog/210359/fitbit-to-slash-6-of-workforce-6-4-million-devices-sold-in-q4-2016.html

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