A report from Bloomberg has stated that Essential Products has cut its workforce by about 30%. An email received by the media outlet from the Palo Alto-based technology company mentioned that regardless of the cutbacks, the firm still intends to develop a "game changing consumer product." It is believed the layoffs will mostly affect the hardware and sales divisions.
https://www.notebookcheck.net/Essential-lays-off-almost-a-third-of-its-staff.338852.0.html