Pebble relieve quarter of staff

Mar

24

2016

Pebble release this week a quarter of its staff, about forty employees. That is founder and director Eric Migicovsky said. The layoffs would be necessary because Pebble can not get enough money.

Migicovsky blames the layoffs on a chilly climate for investment “in Silicon Valley, writes Tech Insider. “We have this money, but it is difficult to come by now,” said the Pebble director in an interview with the site. Pebble has raised a total of $ 26 million, currently about 23.25 million.

Pebble this year is ‘caution’ planning products. Last year the company brought three new models to market. Time, Time Steel and Time Round. In previous years came with a Pebble smartwatch new year. Migicovsky says the company focuses on health and fitness aspects of his watches because users that would have the most interest in. Since a few months, Pebbles from the Time-generation app Health board to include steps to count.

Pebble had to layoff around 160 employees, where there are about 120 remain after the reorganization. The only indication for sales are the installations of the Pebble Time app, to use all Pebble owners to connect with their smartphone. It is unknown how many downloads that is the App Store, but in the Google Play Store is the number at between 100,000 and 500,000. All Pebbles, including those of the first generation can use the Time app, so it seems that Pebble Android has more than half a million active users.

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