CNBC:

Microsoft announced a major reorganization on Wednesday that will include thousands of layoffs, largely in sales.

The job cuts amount to less than 10 percent of the company’s total sales force, and about 75 percent of them will be outside the U.S., the company said.

This is not nearly the same thing as the SoundCloud office-closing report.

Microsoft has more than 120,000 employees, and the layoffs are focused on the sales team. Microsoft knows how to make money. This is more of a refocus.