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Microsoft to cut 'thousands' of jobs: source

(Reuters) - Microsoft Corp <MSFT.O> plans to cut "thousands" of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters.

The Redmond, Washington-based company is in the process of reorganizing its sales and marketing teams as it doubles down on its fast-growing cloud business.

Reuters reported on Monday that the company would undergo a reorganization that would impact its sales and marketing teams.

(Reporting by Salvador Rodriguez in San Francisco; Narottam Medhora and Rishika Sadam in Bengaluru; Editing by Saumyadeb Chakrabarty)