Microsoft plans 'substantial' job cuts across Xbox division

1. Microsoft plans more layoffs in its Xbox division amid financial pressures. 2. This marks the fourth workforce reduction in 18 months for Xbox. 3. Executives face pressure to increase profitability post-Activision Blizzard acquisition. 4. Microsoft's previous layoffs included 10,000 jobs due to changing market conditions. 5. The company won legal battles against FTC regarding Activision Blizzard merger.