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,

Another wave of “substantial” layoffs is expected to hit Microsoft’s gaming division next week, according to a new report from Bloomberg, following earlier reporting from The Verge.

New reports indicate that Microsoft's planned layoffs of its Xbox games division may drastically affect its teams and entire development studios may close.