Nike Laying Off Fuel Band Team, According to CNET

Nike 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. View full article http://www.cnet.com/news/nike-fires-fuelband-engineers-will-stop-making-wearable-hardware/