The recent massive layoffs weren't enough for Microsoft. The Redmond giant is expected to announce another large reduction in its Xbox division soon.

Microsoft is planning to restructure parts of its Xbox business as it looks ahead to its next generation of consoles. One source tells me Microsoft is restructuring Xbox distribution across central Europe, resulting in some Xbox operations ceasing in some regions.

Managers within Xbox are bracing for substantial cuts across the entire group, Bloomberg reported citing sources.