Nothing is reorganizing its business by creating dedicated units and regional hubs. The company denies shutting down operations in multiple international markets. It also disputes claims of a significant global workforce reduction. India remains a priority market for Nothing's smartphone business. Support and product availability for consumers will remain unchanged.

British tech company Nothing is cutting jobs as part of a move to reorganize.

According to a new report, Nothing will exit many global markets as its latest phone releases struggle amid the impacts of rising costs.