Microsoft Corporation is considering significant layoffs in its various divisions, the Wall Street Journal reported, citing people familiar with the software giant's plans. However, job-cut plans have not been finalized, and Microsoft could find other ways to reduce costs, the newspaper reported on its website. The number of possible job cuts is likely to be far less than the 15,000 positions that have been rumored in recent weeks, the article said. Microsoft employs about 91,000 workers globally. Microsoft could announce job cuts when it reports quarterly profits next week, the newspaper said.