<ul data-eligibleForWebStory="true"><li>Microsoft's Xbox division is set to undergo another round of major layoffs next week as part of a company-wide reorganization.</li><li>Managers within Xbox are anticipating significant cuts across the group, following three major layoffs in the past 18 months and the closure of subsidiaries.</li><li>This upcoming layoff will be the fourth significant one at Xbox, aiming to boost profit margins after Microsoft's acquisition of Activision Blizzard Inc.</li><li>The company is expected to cut thousands of jobs next week, particularly in sales, as reported by Bloomberg News.</li><li>Major organizational changes are common for Microsoft close to the end of its fiscal year, which ends on June 30.</li></ul>

Xbox gaming division faces job cut blizzard

Discover more