Another wave of “substantial” layoffs is expected to hit Microsoft’s gaming division next week, according to a new report from

A company-wide reorganization is taking place, and that's slated to include another major round of layoffs within the Xbox team. Those cuts will be confirmed next week, according to Bloomberg. Engadget has contacted Microsoft for comment.

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,