The company had huge ambitions which resulted in several partnerships that saw its software preloaded onto smartphones, but reports from both Android Police and Recode are claiming that huge layoffs are currently underway. Apparently groups of employees have been into meetings where they were told to let go.
Android Police is reporting that about 20% of the workforce has been let off as apparently its original strategy, which was to get on as many phones as possible, wasn’t quite working out the way they had hoped. The company is also said to be working on a new strategy that is being overseen by the company’s new COO Lior Tal in which they will be now focusing more on “apps”.
Unfortunately it is unclear as to what exactly that means, but we guess we’ll just have to wait and see what happens moving forward.