Microsoft Corp. will conduct another round of major layoffs in its Xbox division next week as part of a companywide reorganization.

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

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,