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Microsoft Introduces Voluntary Retirement Scheme for 7% of US Staff
Microsoft has allegedly launched a one-time voluntary retirement scheme for its US workforce, affecting up to 7% of employees. This move marks a first for the company in its over 50-year history. An internal memo reveals that the scheme is open to senior-level and below employees whose age and tenure add up to at least 70. However, employees on sales incentive plans are excluded from this offer. …
April 24, 2026, 1:36 p.m.
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Xbox Branding Makes a Comeback as Microsoft Gaming Unveils New Mission
Under new leadership, Microsoft Gaming has announced its decision to revert to the Xbox brand as part of a comprehensive new mission statement shared with employees. This change comes after the company adopted the Microsoft Gaming brand in January 2022, following its acquisition of Activision Blizzard. In a memo published on Xbox Wire, CEO Asha Sharma and CCO Matt Booty stated that the Microsoft …
April 24, 2026, 9:14 a.m.
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Xbox Branding Makes a Comeback for Microsoft Gaming
Under new leadership, Microsoft Gaming is transitioning back to the Xbox brand. This change comes after the company adopted the Microsoft Gaming name in January 2022, following the acquisition of Activision Blizzard. In an employee memo published on Xbox Wire, CEO Asha Sharma and CCO Matt Booty stated that the Microsoft Gaming name "defines our organization, but not our vision." As a result, the …
April 24, 2026, 9:14 a.m.
News
Meta Announces 10% Workforce Reduction, Impacting 8,000 Staff Members
As Meta continues to reallocate resources towards artificial intelligence investments, the company is implementing additional workforce reductions. According to a memo, around 10% of Meta's employees, totaling 8,000 staff members, will be affected by these cuts. The specific divisions impacted have not been revealed. A company spokesperson has confirmed the layoffs but declined to provide further…
April 24, 2026, 8:07 a.m.
News
Shareholders of Warner Bros. Give Resounding Approval to Paramount's $111 Billion Takeover Bid
In a significant development, Warner Bros. Discovery (WBD) shareholders have given their overwhelming approval to Paramount's massive $111 billion acquisition proposal. This decision comes after a shareholder vote that took place on April 23, with the results still pending verification by an independent election inspector. While this is a crucial step forward, the transaction remains contingent u…
April 24, 2026, 7:17 a.m.
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German Game Industry Sees 3% Decline in Employment for Second Consecutive Year
Germany's game industry is gradually bouncing back from the impact of global consolidation and funding uncertainty, according to recent data from the German Games Industry Association (Game) based on the gamesmap.de database, which has been revamped by Goldmedia and now boasts around 1,800 entries covering developers, publishers, and related companies. The data reveals a slight rise in the number…
April 23, 2026, 2:59 p.m.
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Gamescom Dev 2026 Unveils Initial Speaker Lineup and Session Schedule
The organizers of Gamescom Dev have revealed the first set of speakers and sessions for the upcoming August conference. This year's event boasts an impressive lineup of more than 50 speakers, including notable figures from Sony Interactive Entertainment, Remedy Entertainment, Quantic Dream, Insomniac Games, Ubisoft, Housemarque, Bloober Team, CD Projekt Red, ZA/UM, and Epic Games. Highlights from…
April 23, 2026, 2:01 p.m.
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Ivors Academy Introduces New Awards for Composers, Including Video Game Music Category
The Ivors Academy is launching a dedicated awards ceremony to honour the work of composers, including those in the video game industry. The new Ivors Composer Awards will acknowledge outstanding music contributions across various sectors, including film, television, live performances, and commercial recordings, with a focus on British, Irish, and UK-based composers. The awards are now open for su…
April 23, 2026, 12:27 p.m.
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April 2026 Jobs Roundup: Sega Europe Names Irina Kim as New CFO
Keeping track of the latest appointments and departures in the gaming industry can be challenging. To help, we've compiled a roundup of recent changes. If your company has news to share, please send details to newhires@gamesindustry.biz. Notable appointments include Irina Kim as CFO of Sega Europe, Joost Hagesteijn as Roblox's general manager for Europe, and Bing Gordon joining the board of Nex. …
April 23, 2026, 10:56 a.m.
News
Global Box Office: Super Mario Galaxy Movie Reaches $755 Million, Tops 2026 Charts
The Super Mario Galaxy Movie has achieved a global box office total of over $755 million, securing its position as the highest-grossing film of 2026. According to box office data, the film has generated more than $361 million in the US market, with other significant markets including Mexico at $49.6 million, the UK at $38 million, and Germany at $30 million. On a global scale, the movie has s…
April 23, 2026, 7:01 a.m.