Bloomberg Technology
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Fitbit Cutting 6% of Workforce as Shares Tumble

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January 30, 2017

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Jan.30 -- Fitbit will eliminate about 110 jobs and said fourth-quarter results won’t meet analysts’ estimates amid declining demand for its fitness tracker. Bloomberg’s Selina Wang reports on “Bloomberg Technology.”

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Bloombergs Selina Wang

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Fitbit Cutting 6% of Workforce as Shares Tumble · Bloomberg Technology · Sentinel