In July, the company hired Microsoft's famed dealmaker, Peggy Johnson, to replace Abovitz as CEO.
There was considerable damage before Johnson came on board. Nearly all of those big-name mutual fund investors who bought in during the hype marked down the value of their shares, viewing the company as now worth $450 million, down from a $6.7 billion valuation in April 2019,But through it all, the one-time unicorn has been hiring and currently lists dozens of open jobs on its careers web page.
Business Insider went through data released in 2020, which included jobs hired for up to the last six years, to discover how much Magic Leap pays software and hardware engineers. This is salary information only and doesn't include other compensation such as stock. When there were multiple jobs with the same title, we included a range.
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