Essential Cuts 30% of Workforce

We recently learned Essential is working on an AI-focused smart device of some kind, but the latest news from the company doesn’t sound great. According to Bloomberg, Essential is cutting 30% of its workforce, mostly in the hardware and sales department.

The following message was in an email from an Essential spokesperson.

This has been a difficult decision to make. We are very sorry for the impact on our colleagues who are leaving the company and are doing everything we can to help them with their future careers. We are confident that our sharpened product focus will help us deliver a truly game changing consumer product.

So, while none of us like to hear about workforce cuts, it does seem like Essential is focused on a “game changing” product.

We’ll see how this goes.

// Bloomberg