Microsoft to conduct another round of layoffs at Xbox division, Bloomberg says

Microsoft (MSFT) will conduct another round of major layoffs in its Xbox division this week, with managers expecting substantial cuts across the entire group, Jason Schreier of Bloomberg reports, citing people familiar with the plans. This will be the fourth big layoff at Xbox within the last 18 months. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on MSFT: Trump Trade: T