Storied AR headset unicorn Magic Leap has laid off its entire sales and marketing departments, making for around 75 jobs cut from its rolls.
The Apple Effect: Magic Leap Founder’s Previous Company Launches App on Vision Pro
Apple’s significant impact on the market tends to draw attention from companies that might not have otherwise entered a specific product category—aka “The Apple Effect.”
Magic Leap Gets Half-billion Dollar Boost Ahead of Vision Pro Launch
Saudi Arabia has recently injected more than half a billion dollars into augmented reality company Magic Leap, which it hopes will rival Apple’s Vision Pro mixed reality headset.