SUBSCRIBERS
Fitbit cutting 6% of workforce
Published Tue, Jan 31, 2017 · 09:50 PM
New York
FITBIT Inc will eliminate about 110 jobs, or 6 per cent of its workforce, and said fourth-quarter results won't meet analysts' estimates amid declining demand for its fitness trackers.
Fitbit expects to report that it sold 6.5 million devices for the quarter ende…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Cordlife customers push for legal action
France's Casino supermarket chain to axe up to 3,200 jobs
Prada outshines rivals with 16% revenue lift boosted by Miu Miu
Toymaker Hasbro posts quarterly profit beat, slower sales decline