(CNN/Money) Microsoft is undergoing a major reorganization.
The tech company is slashing thousands of jobs, mostly in sales positions, according to a source familiar with the matter.
Microsoft (MSFT, Tech30) confirmed the move in a statement sent to CNN Tech, noting it is “taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated.”
“Like all companies, we evaluate our business on a regular basis,” the spokesperson said. “This can result in increased investment in some places and, from time-to-time, re-deployment in others.”
