Japanese video game brand and icon of PlayStation hardware and services
Barclays is exploring a return to Japan’s cash equities market, hiring in Tokyo amid a rebound in Japanese stocks driven by governance reforms, rising profitability, and AI-driven market optimism. Barclays previously pulled back in 2016 but is now considering expanding its Japan presence, potentially pitting it against Goldman Sachs, JPMorgan, Morgan Stanley, Nomura and Daiwa.
Sony has announced it will stop producing physical PlayStation game discs from January 2028. New titles will be sold via the PlayStation Store or as retailer-issued download codes; games releasing before 2028 remain unaffected. The move follows years of rising digital sales and has provoked consumer backlash over ownership, preservation and the second‑hand market.
Microsoft has announced 4,800 job cuts companywide, including 3,200 roles in Xbox during fiscal 2027 and 1,600 Xbox positions eliminated immediately. Xbox will spin out or divest five studios and reduce management layers as it restructures to strengthen margins while shifting resources toward AI and core franchises. The move has reduced Xbox headcount by about 20%.