Following a report earlier today, Nothing says that it is not exiting markets, but it is making some key changes behind the scenes.

To quickly summarize, a report earlier today claimed that Nothing would be exiting around a dozen global markets on the back of declining sales, as Phone (4b) sales were apparently under 20,000 units to date, and that layoffs would also be happening.

Nothing will reportedly stop selling in many global markets as latest phones struggle

In response, Nothing’s Akis Evangelidis says that the report is inaccurate, specifically calling it “fake news.”

Evangelidis directly says that Nothing is “not shutting down any markets” and that sales numbers on Phone (4b) were inaccurate. Apparently, the company’s latest budget release sold just shy of 30,000 units just in the first day.