AR company Magic Leap withdraws layoff notices after raising $350 million

Augmented reality company Magic Leap has raised $350 million in funding from existing and new investors, according to The Information. The news comes a month after Magic Leap laid off a reported 1,000 employees to help it “adapt to new market realities.” In a memo sent out to staff, Magic Leap chief exec Rony Abovitz expl

AR company Magic Leap withdraws layoff notices after raising $350 million

Augmented reality company Magic Leap has raised $350 million in funding from existing and new investors, according to The Information.

The news comes a month after Magic Leap laid off a reported 1,000 employees to help it “adapt to new market realities.”

In a memo sent out to staff, Magic Leap chief exec Rony Abovitz expl
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