Magic Leap has announced that it is cutting staff and reorienting from a consumer focus to an enterprise focus. The company blames COVID-19 for at least some of its woes but the reality is that it never really gained traction as it has thus far overpromised and underdelivered.
https://www.notebookcheck.net/Once-held-up-as-the-future-of-consumer-AR-Magic-Leap-lays-of-1-000-staff-pivots-to-enterprise.462308.0.html