Nearly 200 jobs cut at Magic Leap as company pivots to waveguide supply

AR pioneer Magic Leap is laying off 193 employees as it shifts from building first-party headsets to becoming a waveguide supplier for other companies, marking the latest strategic pivot for the once-billion-dollar startup. A WARN Act notification filed with Florida officials on July 20 reveals that product development and engineering roles across software, hardware, UX,…

ByEyeJive StaffJuly 30, 20260Comments

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EssilorLuxottica scoops up French XR startup Lynx, shelves R2 headset

Global eyewear giant EssilorLuxottica has acquired French XR startup Lynx in a full buyout, acquiring all of the company's IP, assets, and most of its team — and likely killing the upcoming Lynx-R2 mixed reality headset in the process. Lynx founder and CEO Stan Larroque confirmed the deal in a public email to backers on…

ByEyeJive StaffJuly 30, 20260Comments

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Magic Leap drops headset making to supply AR optics to rivals

The AR pioneer confirms 193 layoffs as it shifts from building headsets to becoming a waveguide parts supplier.

ByEyeJive StaffJuly 21, 20260Comments

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Ray-Ban parent EssilorLuxottica acquires XR startup Lynx

The eyewear giant scoops up the French XR startup after liquidation, leaving the Lynx-R2 headset’s future in doubt.

ByEyeJive StaffJuly 17, 20260Comments