Microsoft Will Lay Off Thousands Of Employees as It Looks to the Cloud

Microsoft initiated a big workforce reorganization that could see thousands of employees leaving the company.

The business technology giant said Thursday it would lay off workers, primarily in the company’s sales division, according to a CNBC report. Microsoft (msft) said that the layoffs represent less than 10% of its sales staff, with 75% of the cuts affecting non U.S.-based employees.