23/10/2015 3:20 PM IST | Updated 15/07/2016 8:25 AM IST

Microsoft To Cut Over 1,000 Jobs In A New Round Of Layoffs

James Marvin Phelps/Flickr
Microsoft Corporation Campus Sign Redmond Washington

NEW DELHI -- Microsoft Corporation, a multinational technology company, is likely to cut around 1,000 jobs in a new round of layoffs, as reported by CNBC on Thursday.

The company had in a statement in July said that they were planning to cut 7,800 jobs or nearly seven percent of its workforce.

Microsoft had yesterday reported better-than-expected quarterly adjusted revenue for the ninth quarter in a row, boosted by heavy demand for its cloud products.

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