Microsoft is preparing for another round of significant layoffs, particularly affecting the Xbox gaming division, following a previous reduction of around 6,000 employees.

Microsoft (NASDAQ:MSFT) is laying off more people next week in its gaming unit, Xbox, according to a report from Bloomberg on Tuesday. The move is part of a company-wide reorganization, the report said.

Tech titan Microsoft is, according to media reports, gearing up for another round of job cuts within its Xbox gaming division, with major reductions anticipated as early as next week. This development marks the fourth major wave of layoffs to impact the Xbox unit in the past 18 months,