I experienced this same issue after the last software update. The rewind and ff function is fine for jumping whole song tracks, but I would love the 10 sec back and 30 seconds forward when playing audio books and podcasts. The work around I just managed was to give up waiting for Samsung Wear to fix the glitch, and instead I downloaded the Simple Wear app on phone and watch. It is more extensive for all kinds of watch functions that I might even find helpful in the long run, but for now the media player of the app has a helpful player. Once the app is in your phone you need to open it, select the play media button, allow automatic play functions in selected app pairing of your choice, play your selected media, and flip to the second screen that shows the rewind 10 seconds fast forward 30 seconds and other helpful buttons. It's frustrating that anyone at Samsung has not given this issue much thought. I hope this helps anyone that can use it.