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Jawbone cuts 15 percent of its workforce

Jawbone cuts 15 percent of its workforce


This is the second round of layoffs at the company since June

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Jawbone has laid off 15 percent of its staff, totaling around 60 people, as first reported by TechCrunch. The company, best known for making fitness trackers and Bluetooth speakers, attributed the latest cuts to streamlining in a statement to The Verge.

No further cuts currently planned

"As part of our strategy to create a more streamlined and successful company, we made the difficult decisions to reorganize the company which has had an impact on our global workforce," a Jawbone spokesperson said. A source close to the company says there are no further cuts currently planned.

Jawbone has been in the midst of a stringent cost-cutting effort since June, when the company let go of 20 people, or 4 percent of its workforce, just a few weeks after the Up3 was released after months of delays. This round of layoffs is not limited to a specific division of the company, and includes Jawbone closing its New York office, and scaling back its Sunnyvale and Pittsburgh facilities, according to TechCrunch. No current products will be affected by the layoffs.