India, July 1 -- Jason Schreier has already commented that Xbox layoffs are going to be massive, as they are a part of the restructuring of the overall organization. In a latest report from Business Insider the tech giant, Microsoft is preparing to cut fewer than 2.5 per cent of its global workforce in its latest round of layoffs, with the job cuts expected to be announced as early by July 6. The planned reductions are likely to affect thousands of employees across sales, consulting and the Xbox gaming division as the technology giant continues to streamline operations while investing heavily in artificial intelligence. Xbox layoffs are a part of the major restructuring of the Microsoft organization, and some recent rumors indicate that ...