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STRONGAI LAYOFF

Magic Leap: 193 jobs cut

October 10, 2023USTechnologyMagic Leap

Magic Leap announced a layoff of 193 employees as part of a strategic shift to become a supplier for AI glasses manufacturers. This decision reflects the company's pivot in response to evolving market demands in the AI sector.

Conservative

0

Core Estimate

145

Upper Bound

193

Sources

PrimaryFuturismJuly 21, 2026

Magic Leap to lay off 193 employees after ‘pivot’ to supplier role for makers of AI glasses - Sun Sentinel

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