Before layoffs, Magic Leap was working on a smaller, lighter headset that improves on the original's biggest downside — with a more radical design to follow

· In April, Magic Leap laid off around half of its workforce and announced it would pivot its business entirely to enterprise.
· Sources say the company had been working to get its next headset out the door in summer 2021. ML2 will be smaller and lighter than the current system.
· But it's the next headset – ML3 – that...