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lay offs

53

Essential decides a third of its staff isn't

Essential may be at work on making an AI-focused alternative smartphone that operates mainly on voice commands, but it'll have to do so with a significantly reduced staff. Essential has confirmed that it is laying off a large portion of its staff, which Bloomberg reports amounts to roughly 30 percent of the 120-person workforce — mainly in the hardware and sales divisions.

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12

Sphero forced to make staff cuts following disappointing holiday sales

Interactive toy-maker Sphero appeared to all the world as though it was in fine shape as the holiday season approached last year. Thanks to licensing deals with Disney and Marvel spawning a range of remote control Star Wars robots and an app-enabled Spider-Man toy, the company's product portfolio burgeoned in 2017. The more affordable Sphero Mini came out towards the end of the year but apparently wasn't enough to ensure decent holiday sales numbers. As a result, staff cuts have been made and Sphero will release products at a slower rate in 2018.

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