United Kingdom, June 25 -- Xbox is reportedly preparing a "major" round of layoffs in Europe next week amid a broader Microsoft restructuring.

According to Bloomberg, Microsoft is planning another "company-wide reorganisation" within its Xbox division as early as next week.

This marks the fourth significant cut in the past 18 months.

The outlet has said Xbox has been facing mounting pressure from Microsoft higher-ups to "boost profit margins" following its acquisition of Activision Blizzard in October 2023 - which cost the company $68.7 billion.

The Verge has also claimed that the restructuring will impact Xbox distribution operations in Central Europe, potentially closing regional branches.

Xbox has undergone several cost-cutting ro...