Nike Has Fired Most Of Its FuelBand Team And Will Stop Making Wearable Devices | cross pond high tech |

As many as 55 people of the 70-person hardware team, part of the larger Digital Sport division, were let go on Thursday, according to CNET's source. 

It seems obvious that Nike would jump out of the hardware game right now, with the upcoming iWatch on its way, as well as wearable Android devices, such as Samsung's Gear Fit, flooding the market.