AR Startup Avegant Shuffles Leadership, Cuts Staff, Report Says

Augmented reality hardware maker Avegant has reportedly laid off between 20 and 30 employees, with founder Edward Tang returning to the CEO role at the company. Citing unnamed sources, The Verge reported on Saturday that Avegant reduced its staff last month to 20 employees, mainly in research and development. Avegant found & CEO Edward Tang. At the same time, Joerg Tewes stepped aside as CEO after more than three years of service. Previously, Tang sat at the head of the table for the company's first two years in business before Tewes took over the position, with Tang serving as chief... more

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