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

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.

It seems the cuts just keep on coming within Microsoft's gaming division. A company-wide reorganization is taking place, and that's slated to include another major round of layoffs within the Xbox team. Those cuts will be confirmed next week, according to Bloomberg. Engadget has contacted Microsoft for comment.