Citing rumours on Silicon Valley website Fudzilla, the paper suggests that the software giant may look to cut between 10 and 17 per cent of its workforce - possibly affecting up to 15,000 jobs worldwide - and that overseas divisions 'could be particularly hard hit'.
When approached for comment, a Microsoft spokesperson told MCV: "We do not comment on rumour and speculation."
Click here to read Develop's report for the full details.
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