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Magic Leap Announces Layoffs & Pivot Away From Near-term Consumer Ambitions

April 23, 2020

Magic Leap today announced layoffs impacting “every level of the company” and a pivot away from the company’s near-term consumer ambitions and toward the enterprise space. In a blog post published by Magic Leap CEO Rony Abovitz, it was announced that the company is facing seemingly major layoffs and reorganization as it attempts to survive
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