Vuzix announces significant cost cutting aligned with tighter focus on select smart glasses and oem ar technologies

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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