New reports indicate that Microsoft's planned layoffs of its Xbox games division may drastically affect its teams and entire development studios may close.

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

Microsoft’s gaming business is seemingly in for another round of mass layoffs. The fresh cuts would be coming just as Xbox seems to be in full retreat from its long-standing console hardware business as it invests more in Windows gaming and bringing first-party exclusives to PlayStation 5.