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.

Microsoft began job cuts that will impact about 9,000 workers, its second major wave of lay-offs this year as it seeks to control costs while ramping up on artificial intelligence (AI) spending. Less than 4 per cent of the company’s total workforce would be affected,

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