Microsoft Corp is considering cutting about 5% of its workforce of around 11,000 employees in the company.

According to a Bloomberg report, the company plans to reduce the number of engineering divisions in a new round of layoffs.

This makes Microsoft join other tech giants that have announced layoffs in response to slowing demand and the economic downturn.

Earlier in October, the company laid off about 1,000 workers across several divisions, affecting nearly 1% of its workforce.

The software giant had 221,000 full-time employees, including 122,000 in the United States and 99,000 internationally, as of June 30.

As reported by Reuters, Microsoft is now under pressure to maintain the growth rate of its Azure cloud unit, after several quarters of decline in the personal computer market affected sales of Windows and devices.

Microsoft is scheduled to present its quarterly results on January 24.