Nothing confirms layoffs, but calls market exit rumors ‘fake news’

<figure> <img alt="Photo of Nothing Phone 4A Pro on a green cutting mat showing the camera module with a battery level indicator on the Glyph Matrix" data-caption="raw | Photo: Dominic Preston / The Verge" data-portal-copyright="Photo: Dominic Preston / The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/03/nothing-phone-4a-pro-3.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> raw | Photo: Dominic Preston / The Verge </figcaption> </figure> <p class="wp-block-paragraph">In response to <a href="https://www.digit.in/news/mobile-phones/exclusive-nothing-to-exit-12-markets-as-global-shipments-decline-despite-india-growth.html">a report</a> that Nothing is planning to "exit 12 markets as global shipments decline," Nothing cofounder Akis Evangelidis <a href="https://x.com/AkisEvangelidis/status/2080690467918803052?s=20">said</a> the company is "reorganizing" and laying off some of its staff, but that "the reported numbers are way overblown." Evangelidis disputed a claim about underwhelming sales for Nothing's Phone 4B, saying it "sold 29,537 units on Day 1 only, breaking records in its price segment."</p> <p class="wp-block-paragraph">He also said Nothing isn't shutting down in any markets, and is instead "consolidating" its operations into regional hubs as well as introducing an "AI-native" business unit.</p> <p class="wp-block-paragraph">The update comes as <a href="https://www.theverge.com/news/839353/pc-ram-shortage-pricing-spike-news">rising component prices</a> squeeze the …</p> <p><a href="https://www.theverge.com/tech/970848/nothing-layoffs-rumors-phone-4b">Read the full story at The Verge.</a></p>