It appears Pebble hasn’t been doing all that great lately, as evident by the company’s latest batch of lay-offs. CEO Eric Migicovsky announced that he is letting go a total of 40 employees, which might not sound like much, but actually constitutes 25% of the Pebble workforce.

The fact is that despite its popularity, Pebble is still little more than a start-up company and still relatively small. Eric Migicovsky admits that this development is very much necessitated by financial hurdles, which is surprising, considering the popularity of Pebble products. Sadly, there is a lot more to…

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