According to reports, three Magic Leap executives will leave the company

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According to experiences, Magic Leap’s three executives-Chief Technology Officer Paul Greco, Chief Operating Officer Henk Vlietstra and Chief Patent Officer David Lundmark-will leave in the coming months. Inside story Report Yesterday’s information said that Magic Leap additionally re-hired its former chief advertising and marketing officer Daniel Diez.

It is unclear precisely why Greco, Vlietstra and Lundmark left the company.however Inside story Greco disagrees with Magic Leap CEO Peggy Johnson-who Replacing co-founder Rony Abovitz Last year-when selecting to transfer the software program division out of the CTO’s purview. According to experiences, most of the tasks of Vlietstra and Lundmark are being transferred to different executives at Magic Leap.

Since 2013, Greco and Vlietstra have each labored in the company. Greco was the company’s vice chairman of {hardware} earlier than being appointed Appointed as CTO in 2020, And Vlietstra was appointed chief working officer in 2018.At the similar time, Diez will clearly return to Magic Leap this month after leaving in 2020, and Magic Leap will lay off employees this 12 months. A large part of the labor forceA spokesperson for Magic Leap declined to touch upon the matter Insider info story.

Since its institution in 2010, Magic Leap has undergone an enormous transformation-from an leisure company to An augmented reality technology startup, And then obtained practically US$3 billion in funding for a Consumer-friendly AR headset,At final Focus on corporate customers Before the sharp contraction final 12 months. Under the management of former Microsoft government Johnson, this transition is constant, and plans to launch the second-generation headsets in restricted portions earlier than the finish of 2021.