https://www.theverge.com/2018/10/17/17990664/essential-employee-layoffs-hardware-startup

Essential has laid off 30 percent of its employees today, the company confirmed to Bloomberg, coming on the heels of earlier reports back in May that Essential had canceled its upcoming second phone and was exploring selling the company.

While a sale still hasn’t materialized, the layoffs mark the latest storm clouds on the horizon for Android founder Andy Rubin’s fledgling firm, which has yet to release a new product since the original Essential Phone launched last fall. According to Bloomberg, the cuts were mainly made in Essential’s hardware and sales divisions.