Smartwatch firm Pebble lays off 25% of its staff
Smartwatch firm Pebble lays off 25% of its staffApple Watch has its problems. Now rival Pebble is facing a downturn in the smart watch market. Hopefully we will have a huge prices reduction to spur flagging sales ahead of the coming summer sales season/ 2017 new models reveals.
In a nutshell Pebble's problem:
...with increased numbers of competitors targeting what is still a niche consumer market, business is tough. And, crucially for Pebble, it doesn’t have a smartphone unit or other businesses to fall back on to offset the cost of running a smartwatch business. Its other rivals do. Bugger
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