Nothing Denies Market Exit Rumors Amid Layoffs

In response to reports suggesting that Nothing plans to exit 12 markets due to declining global shipments, cofounder Akis Evangelidis clarified that the company is undergoing reorganization and some layoffs. However, he emphasized that the reported figures are exaggerated. Evangelidis highlighted the success of Nothing's Phone 4B, which sold over 29,000 units on its first day, setting a record in its price category. He assured that the company is not withdrawing from any markets but is consolidating operations into regional hubs and launching an AI-native business unit.