After a rough patch, Fitbit will start making smartwatches – Mashable

In unsurprising news, Fitbit released a preliminary statement this morning detailing its disappointing financial results for the fourth quarter of last year. The statement was headlined by an announcement of “cost reductions to improve efficiencies and …
Fitbit cuts guidance, plans to layoff 6% of its workforceMarketWatch
Fitbit to cut $200M in jobs & expenses after encroaching Apple Watch sales cut into marketAppleInsider (press release) (blog)
Fitbit cuts 6 percent of employees amid missed 2016 goalsCNET
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