Apple is taking on Netflix. Facebook is edging into Amazon's sphere with its e-commerce plans. Google, which has already challenged Amazon and Microsoft in cloud computing, is launching an online game service that could undercut the lucrative game-console business at Microsoft and Sony.
Many news organisations around the world had reported the scheduled lay offs about two days ago, being done to enhance cloud-services related operations of Microsoft Corp on a global scale. The job cuts would be the most important in the the sales arm in years, sources say.