Microsoft (MSFT) is starting “deep” cuts across its Xbox unit, Bloomberg’s Jason Schreier reports. Its King division, which makes Candy Crush, is laying off 10% of its staff, or about 200 jobs, while other European offices,

BREAKING: As part of today’s cuts, Xbox has canceled the troubled Rare game Everwild, according to people familiar. News on the job cuts is coming in drips — not sure why Xbox didn’t announce it all at once — but I’ll report what I can as I confirm it.

Microsoft Corp.’s gaming division laid off hundreds of employees on Wednesday, part of a broader culling at the software company as it seeks to control costs. An Xbox spokesperson declined to confirm how many people were impacted,