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.

Microsoft is planning to cut jobs in the company’s Xbox gaming business, as early as next week. I first reported in Notepad earlier this month that Microsoft was planning Xbox layoffs “potentially by the end of the month,

Microsoft’s restructuring streak has already shuttered multiple subsidiaries this year. The Xbox division, now under intense pressure to boost profits following the $69 billion acquisition of Activision Blizzard in 2023,