'Microsoft to lay off thousands of its employees'

Microsoft reportedly plans to reorganise its sales activities and would therefore lay off thousands of its employees, according to Bloomberg. The company allegedly wants to focus more on selling cloud software instead of software for desktops and servers.This way the company should become more competitive to market leader Amazon. It's expected that the restructuring is announced this week and that job cuts will be in Microsoft offices around the world.

Last year around this time, Microsoft said it would cut 2,850 jobs, shortly after letting 1,850 staff go. Most of these jobs were related to Microsoft's smartphone business.