Augmented reality helmet maker Daqri is cutting about 25% of its nearly 330-person-strong workforce worldwide, multiple people have told Business Insider, or about 80 people.
The workforce at its headquarters in Los Angeles and its Sunnyvale, California, offices were told of layoffs on Thursday and experienced the brunt of the layoffs, about 60 people, we understand.
People are now telling us that Daqri is also struggling to perfect and launch some of its promised products as well.
See the full story here; http://www.businessinsider.com/vr-company-daqri-is-laying-off-staff-worldwide-2017-2