For illustration: young man with 3D virtual reality glasses. Photo: Shutterstock

Augmented-reality unicorn Magic Leap cuts half of jobs in major restructuring affecting 1,000 employees

  • Magic Leap is planning to wind down its consumer business to focus on its enterprise products, say people familiar with the matter
  • The augmented-reality start-up has raised more than US$2 billion from high-profile investors including Alphabet and Alibaba
Topic |   Technology
For illustration: young man with 3D virtual reality glasses. Photo: Shutterstock
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