Fitbit is cutting 6% of its workforce after poor holiday sales numbers Fitbit (FIT), the company synonymous with wearable fitness trackers, has announced that it’s laying off 6% of its global workforce, or 110 employees.

Jawbone Sues Fitbit For Stealing Employees And Trade Secrets

Jawbone sues IPO-bound Fitbit, says it stole secrets Fitbit, which recently filed for an IPO, has an unexpected legal hurdle to overcome: a lawsuit from rival company Jawbone.

Jawbone Sues Fitbit For Stealing Employees And Trade Secrets As the wearable activity tracker market becomes increasingly crowded, Jawbone says Fitbit is out to “decimate” it. The Flex by Fitbit is presented at the Mobile World Congress in Barcelona on Feb. 24, 2014. Josep Lago / Getty Images In a lawsuit Read more ... filed today, Jawbone has accused Fitbit — its main…

Jawbone: Fitbit Employees Stole Company Secrets New lawsuit comes as Fitbit readies IPO

Jawbone Sues Fitbit For Stolen Data By Ex-Employees The wearable wars just escalated to a new high. Jawbone has sued Fitbit in a California court for recruiting employees who plundered confidential information..

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