Nike Laying Off Fuel Band Team, According to CNET
Nike (NYSE: NKE) is laying off 70-80 percent the engineers who created its FuelBand Fitness Tracker. according to a post that first surfaced on the social network Secret and was reported Saturday by CNET. Approximately 55 of the 70 employees on Nike's Digital Sport hardware team are reportedly being cut.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.