Ultraleap to slash workforce and sell hand-tracking division (AVInteractive)

The British company could shed half of its staff in plans to offload one of its core divisions, with its haptics arms spun out into a new company that would be owned by the existing shareholders. An Ultraleap spokesperson told Sky: "This decision has not been taken lightly, but it is necessary for us to adapt our business to better serve our market and our customers. […]