Microsoft layoffs continue: Company set to make substantial cuts in Xbox division next week

Microsoft Corporation is set to conduct fresh round of layoffs next week amid a company-wide restructuring bid. The ‘substantial’ cuts will affect the entire Xbox division — the fourth big layoffs to hit the team in the past 18 months. The revelation also comes days after reports indicated that Microsoft is set to eliminate many posts within the sales division and other customer facing roles. The tech giant has eliminated nearly 7,000 workers over the past two months from various segments.