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Dubai News Club > Tech > Nothing confirms layoffs, but calls market exit rumors ‘fake news’
Tech

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

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Last updated: 2026/07/24
Press Room
Published: July 24, 2026
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Photo of Nothing Phone 4A Pro on a green cutting mat showing the camera module with a battery level indicator on the Glyph Matrix

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…

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