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| Subject: Nike Layoffs Reveal New Cracks in Wearables Market Sun Apr 20, 2014 11:02 pm | |
| Earlier today, an unnamed source spoke to CNET stating that Nike will focus its efforts on fitness software as opposed to hardware. Nike recently ended up issuing a statement to Re/code indicating that it plans to continue selling and supporting the current Nike FuelBand and that it plans a “small number” of layoffs. The company didn’t directly address whether development of any new hardware will continue. The following was mentioned regarding the matter: @ |
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