Nothing confirms layoffs, but calls market exit rumors ‘fake news’

Organization: Stevie Bonifield

Location: Global

Source: Stevie Bonifield

raw | Photo: Dominic Preston / The Verge In response to a report that Nothing is planning to “exit 12 markets as global shipments decline,” Nothing cofounder Akis Evangelidis said the company is “reorganizing” and laying off some of its staff, but that “the reported numbers are way overblown.” Evangelidis disputed a claim about underwhelming sales for Nothing’s Phone 4B, saying it “sold 29,537 units on Day 1 only, breaking records in its price segment.” He also said Nothing isn’t shutting dow…


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