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Global sales of AR and VR headsets like Microsoft's HoloLens 2 dropped by nearly a quarter last year, continuing a trend that has seen interest fall off for the once promising technology.
Microsoft will lay off roughly 1,900 people in its gaming division, according to a company memo seen by CNBC.The cuts come in conjunction with Blizzard president Mike Ybarra announcing he would ...
The layoffs hitting the gaming industry are largely the result of a handful of trends coalescing. The chief overarching issue comes down to publishers and developers overspending throughout 2021 ...
On July 26, 2024, SAG-AFTRA (Screen Actors Guild – American Federation of Television and Radio Artists) initiated a labor strike involving the union’s voice actors and motion capture artists against American video game companies signed to the union’s Interactive Media Agreements over failed renegotiation terms of the contract that had expired in November 2022.
In October 2017, Microsoft officially launched Windows Mixed Reality and a lineup of third-party headsets for use with the Windows 10 "Fall Creators Update" (including a launch lineup of headsets from Acer, Dell, HP, and Lenovo, and future products from Asus and Samsung), officially referred to as Windows Mixed Reality immersive headsets. [31]
Microsoft is making even more cuts to the staff roster of its Xbox gaming division.. The company on Thursday announced plans to lay off 650 employees, which will bring the total number of job ...
Microsoft recognizes 8 video game unions [α] representing 2,000 [β] video game workers. [4] [5] Microsoft like other tech companies, has historically resisted unions and relied on temporary workers with lower pay and job security than regular employees. Microsoft changed course in 2014 with the appointment of Brad Smith, Microsoft's new ...
While Microsoft’s layoffs will result in a $1.2 billion charge, equal to about $ -0.12 per share, Ives says the move was prudent. “I view it as a proactive, smart move that we’re going to ...