Microsoft Corp. will conduct another round of major layoffs in its Xbox division next week as part of a company-wide reorganization. Managers within Xbox are expecting substantial cuts across the entire group,

Microsoft plans another round of layoffs in its Xbox division next week, as part of a broader restructuring, says Bloomberg. This follows multiple cuts in the past 18 months, driven by scrutiny after the Activision Blizzard acquisition and aimed at improving profitability.