The Redmond-based tech giant has cut thousands of employees this year, with more layoffs expected in coming days.

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.

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.