Following a lawsuit that claims the company’s resources are exhausted, Osom will reportedly lay off most of its staff on Friday.
Osom Products Inc. — the mobile phone company founded by former employees of Essential, which shut down after releasing a single phone — is reportedly shutting down this week, having released a single phone. The news comes shortly after Osom’s former chief privacy officer sued the company, claiming that it’s out of money after its CEO used business funds to pay for personal trips and exotic cars.
Osom was started by Jason Keats and several former executives and employees of Essential after that company shut down in 2020, following poor sales of its Essential Phone and the departure of founder Andy Rubin. Osom’s stated goal was to create privacy-focused products, which included a USB-C cable with a switch to turn off its data transfer capabilities and the Osom OV1 smartphone, which the company revealed in early 2022.
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