Alex Heath
One good Kamala Harris tech joke.
Alex Heath
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Magic Leap laid off its whole sales team and is pivoting way from making its own headsets.
The once-high-flying AR startup laid off its entire sales and marketing division this week, or about 75 people, several sources tell me. (Amazingly, Magic Leap had about 1,100 full-time employees before this.) The new strategy, sources say, is to become a component vendor for other companies looking to build their own headsets.
New Magic Leap CEO Ross Rosenberg didn’t respond to my request for comment on the cuts, but a company spokesperson told Bloomberg they were done “to better align with market dynamics and emerging opportunities.”
The former tech investor likes the FTC’s Lina Khan and wants to break up Google, citing its liberal bias.
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