Microsoft plans another round of job cut

US-based software major Microsoft is planning to reduce thousands of jobs, according to media reports on Tuesday.
Microsoft storesMicrosoft is planning job cut in human resources and engineering divisions.

“From a big picture perspective, another pending round of layoffs at Microsoft suggests the environment is not improving, and likely continues to worsen,” Morningstar analyst Dan Romanoff said.

U.K broadcaster Sky News reported that Microsoft plans to cut about 5 percent of its workforce, or about 11,000 roles.

The company plans to cut jobs in a number of engineering divisions on Wednesday, Bloomberg News reported. The cuts will be significantly larger than other rounds in the past year.

Insider reported that Microsoft could cut recruiting staff by as much as one-third.

The company had 221,000 full-time employees, including 122,000 in the United States and 99,000 internationally, as of June 30, according to filings.

Microsoft is under pressure to maintain growth rates at its cloud unit Azure, after several quarters of downturn in the personal computer market hurt Windows and devices sales.

Microsoft in July last year said that a small number of roles had been eliminated. In October, news site Axios reported that Microsoft had laid off under 1,000 employees across several divisions.

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