Microsoft is preparing for another major round of layoffs in its Xbox gaming and sales divisions, marking the fourth such cut in just 18 months. This move comes amid continued pressure to increase profits after the $69 billion Activision Blizzard acquisition.

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

The latest round of layoffs at Microsoft’s Xbox division are part of the company’s broader strategy of organisation-wide restructuring.