Vuzix Announces Significant Cost Cutting Aligned with Tighter Focus on Select Smart Glasses and OEM AR Technologies

January 17, 2024

https://www.prnewswire.com/news-releases/vuzix-announces-significant-cost-cutting-aligned-with-tighter-focus-on-select-smart-glasses-and-oem-ar-technologies-302037097.html

ROCHESTER, N.Y., Jan. 17, 2024 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced the immediate commencement of an expansive cost reduction program and its preliminary fourth quarter 2023 revenues.

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