Jawbone Cuts 15 Percent of Its Workforce

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.

“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.

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This article originally appeared on Recode.net.

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