Nothing Confirms Layoffs Amid Restructuring, Denies International Market Exit

NewsData.io · United States · Jul 26, 2026

London-based smartphone maker Nothing has confirmed an internal restructuring that will result in job cuts, while co-founder Akis Evangelidis denied reports that the company is exiting 12 international markets. The restructuring involves consolidating country operations into regional hubs and establishing new specialized units, including an AI-native division. The company declined to specify the number of employees affected, citing ongoing legal obligations, but stated it will support those impacted.