Miasolé has laid off about 40 employees, three former workers said Thursday.

While the company did not immediately respond to calls requesting more information, the former employees, who asked not to be named, confirmed the layoffs that had long been rumored (see CNET News and Earth2Tech posts, which cite VentureWire).

Also, two of the ex-employees said that David Pearce, the former CEO, has left the company entirely.

Earlier this year, the company raised $50 million and announced that Joseph Laia would be the new CEO (see Miasolé Snags $50M). At the time, Pearce was expected to remain on as chief strategy officer and chairman of the board (see press release).

The company in October told CNET that the rumors of layoffs were untrue. Greentech Media is working to get more information about this story.