Essential cuts 30% of its workforce

Essential canceled its PH-2 smartphone back in May and now the company is cutting 30% of its staff, according to Bloomberg. The reductions will affect all divisions, including hardware, marketing, and sales. The business media reported earlier Essential is switching its focus to an AI-based smartphone. Is Essential falling apart? Essential's website states there are 120 employees at the Palo Alto company. A spokesperson wrote in an email that "they are very sorry for the impact on the colleagues" and "the sharpened product focus will help deliver a truly game-changing consumer...