Microsoft Considering Sizable Layoffs

According to The Wall Street Journal, Microsoft is considering "significant" layoffs across various corporate divisions. Insiders close to the company did not disclose whether Microsoft's Xbox division will be affected.

Nothing has been set in stone reports The Wall Street Journal, and Microsoft could find alternatives to keep costs down.

If Microsoft goes through with the cuts, they are expected to be announced next week when the company gives its quarterly earnings. According to The Wall Street Journal, the potential job cuts are expected to be far less than the previously rumored 15,000 cuts.

Microsoft declined to comment on these latest layoff rumors.

Microsoft mulls job cuts: report [Reuters]