Microsoft has confirmed that it will lay-off as many as 9,000 workers, in the tech giant's latest wave of job cuts this year. The company said several divisions would be affected without specifying which ones but reports suggest that its Xbox video gaming unit will be hit.

The cuts will have an impact across teams, geographies and tenure, the tech giant said. Read more at straitstimes.com. Read more at straitstimes.com.

The tech giant intends to reduce organizational layers by having fewer managers and streamlining its products, procedures and roles, Microsoft said Wednesday.