Nothing Denies Market Exit, Confirms Layoffs
3 sources covered this · see comparison → ⚠ Left-only
Nothing said today that it’s laying off some staff members and “reorganizing” its teams, denying rumors that the company would be exiting various global markets as sales declined. Inaccurate reports are being circulated; Phone (4b) sold 29,537 units on Day 1 only, breaking records in its price segment. What we are doing is reorganising our teams to prepare for our next phase of growth.
- ▪Nothing said today that it’s laying off some staff members and “reorganizing” its teams, denying rumors that the company would be exiting various global markets as sales declined.
- ▪Inaccurate reports are being circulated; Phone (4b) sold 29,537 units on Day 1 only, breaking records in its price segment.
- ▪What we are doing is reorganising our teams to prepare for our next phase of growth.
3 outlets in our directory ran this story, first to last over 3 hours. All of the coverage we found sits in one bucket: centre. That one-sidedness is itself worth noticing.
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Nothing said today that it’s laying off some staff members and “reorganizing” its teams, denying rumors that the company would be exiting various global markets as sales declined. Nothing cofounder Akis Evangelidis said on X that the reorg is being completed in an effort to prepare for the company’s “next phase of growth,” including the introduction of an “AI-native business unit.”cnx.cmd.push(function(){cnx({"playerId":"92b7b46b-43ed-4e0e-b21b-2c999302d9d7","settings":{"advertising":{"macros":{"AD_UNIT":"/23178111854/od.gizmodo.com/article","CHILD_UNIT":"article","POST_ID":"2000790556","POST_TYPE":"post","CHANNEL":"tech","SECTION":"gadgets","SUBSECTION":"","CATEGORIES":"gadgets","TAGS":"nothing,smartphones","NOP":"0"},"timeBeforeFirstAd":0}}}).render("cnx-player-main")}); “Decisions that…
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