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From Techmeme: At a town hall, Asha Sharma said Microsoft is returning to using Xbox for its gaming division, instead of Microsoft Gaming, as "Xbox needs to be our identity" (Tom Warren/The Verge)

From Techmeme: Memo: Meta plans to cut 10% of workers, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, in an effort to offset its AI spending and boost efficiency (Kurt Wagner/Bloomberg)

From Techmeme: Microsoft announces its first voluntary retirement program, for staff whose years of employment and age add up to 70+; source: 7% of US employees are eligible (Jordan Novet/CNBC)

From Techmeme: A look at Microsoft's recent wave of executive departures, as it struggles to retain talent and changes its annual rewards and performance programs in response (Tom Warren/The Verge)

From Techmeme: Internal memo: Amazon is replacing white-collar job titles at its Ring and Blink units with the designation "builder", and "builder leaders" for managers (Greg Bensinger/Reuters)

From Techmeme: Manila-based Salmon, a consumer finance app targeting underbanked Filipinos, raised $60M in equity and $40M in debt; it raised $310M to date, $160M in equity (Kate Park/TechCrunch)

From Techmeme: Microsoft announces the first voluntary retirement program in its 50-year history, for US staffers whose combined years of service added to their age totals 70+ (Tom Warren/The Verge)