<ul data-eligibleForWebStory="false"><li>Microsoft's gaming division has initiated widespread layoffs, with the Barcelona-based King division cutting 10% of its staff.</li><li>Other European offices, including ZeniMax, are also expected to have job cuts.</li><li>This marks the fourth mass layoff at Xbox in the last 18 months.</li><li>The gaming division has been under pressure to boost profit margins since acquiring Activision Blizzard for $69 billion.</li></ul>

Microsoft Begins Deep Job Cuts Across Xbox Division

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