Nothing cofounder Akis Evangelidis confirmed staff layoffs amid company reorganization but dismissed rumors of exiting 12 markets, calling the claims exaggerated and fake news.
Nothing is undergoing a reorganization process
Jul 25, 2026
07:31 pm
What's the storyNothing co-founder Akis Evangelidis has dismissed claims that the company plans to exit 12 markets due to declining global shipments.
Evangelidis called the reports "fake news" and clarified, "We are not shutting down any markets. Inaccurate reports are being circulated."
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