Microsoft-owned Xbox cuts 268 more jobs; over 1,800 layoffs so far as overhaul continues

Microsoft's Xbox division on Tuesday announced it will cut 268 jobs across its gaming business as part of a broader restructuring announced earlier this year, according to a memo to employees published on the Xbox website by Mat Booty, Chief Operating Officer. The latest layoffs affect staff at Halo Studios, other first-party studios and Xbox Game Studios' management and central functions.The latest cuts come two months after Microsoft announced 1,600 job cuts across Xbox in July. The company said 3,200…