Microsoft to cut more jobs

Back in May, Microsoft announced a plan to cut 1,850 jobs during 2016. Unfortunately, the company has just adjusted that figure and added almost 3,000 additional layoffs that would take place by the end of the current fiscal year, which has begun on the first day of July.

According to the July 28 10-K filing of the company that was published by Business Insider, "In addition to the elimination of 1,850 positions that were announced in May 2016, approximately 2,850 roles globally will be reduced during the year as an extension of the earlier plan, and these actions are expected to be completed by the end of fiscal year 2017."

At the end of June, the Redmond giant had around 114,000 full-time employees across the world, with 63,000 of them located in the US. Most of the latest job cuts target hardware and sales personnel, and rumors say that most of the 2,850 targeted employees have been notified already.