VB
Magic Leap just announced its intention to focus on the enterprise market, after years of branding itself as a consumer device company. The corporate press release blamed COVID-19 for the required pivot, and nearly 1,000 employee have been laid-off; almost half its workforce.
However, this shift toward the enterprise market is not driven by the COVID-19 crisis.
Read more at:
https://venturebeat.com/2020/04/25/augmented-reality-hits-economic-reality-in-the-case-of-magic-leap/
