Microsoft’s gaming business is seemingly in for another round of mass layoffs. The fresh cuts would be coming just as Xbox seems to be in full retreat from its long-standing console hardware business as it invests more in Windows gaming and bringing first-party exclusives to PlayStation 5.

Microsoft's Xbox division is facing more layoffs soon. That's according to a report from Bloomberg, which said "major" layoffs at Xbox could be announced next week.

Microsoft is reportedly planning another round of major job cuts at its Xbox division. According to a report from Bloomberg, which cites sources familiar with the plans speaking under anonymity, the company is set to conduct a round of layoffs next week, as part of a company-wide reorganisation.