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Newport Beach virtual reality company NextVR cuts about 50 workers

Newport Beach virtual reality company NextVR cuts about 50 workers

Los Angeles Times - By Wendy Lee

NextVR, a Newport Beach virtual reality firm, laid off more than 50 employees on Monday, as the industry continues to grapple with a pullback in investor funding, according to former employees. The company, which has a deal with the NBA to show games in virtual reality, is one of several California …

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