According to a recent report, Fitbit may be getting ready to make some jobs cuts due to a weak quarter four.
The company recently made some acquisition which include Pebble and Vector Watch and now they may be getting ready to lay off around 10 percent of their workforce.
The company has 1,600 employees and are rumored to be cutting up to 160 jobs in order to make some savings.
The announcement from Fit bit is apparently expected to take place some time today, as soon as we get some more details, we will let you guys know.
Source The Information, Mobile Syrup
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
