It looks like the holiday getaway period is not commencing off so brightly for Jawbone. In accordance to TechCrunch, the wearable units business will lay off about sixty staff, representing 15 % of its worldwide workforce. Jawbone will also shut down its New York City workplace and downsize its Sunnyvale, California and Pittsburgh areas as portion of a firm-wide “streamlining” of its enterprise.
A company spokesperson told TechCrunch, “Jawbone’s accomplishment over the previous fifteen many years has been rooted in its potential to evolve and develop dynamically in a speedily scaling market. As component of our strategy to develop a far more streamlined and effective business, we have made the hard decision to reorganize the business which has experienced an impact on our international workforce.”
The layoffs will affect each portion of Jawbone’s business. No product regions will be closed down as element of the restructuring, even though, indicating that the company will still sell Up health trackers, Jambox speakers, and Period headsets.