Microsoft is planning to cut under 2.5% of its workforce in the latest round of layoffs that could be announced as early as next week, Business Insider reported on Tuesday, citing sources.

Microsoft is planning job cuts that are expected to affect areas such as sales, consulting, and Xbox as it ramps up AI spending.

June 30 : Microsoft is planning to cut under 2.5 per cent of its workforce in the latest round of layoffs that could be announced as early as next week, Business Insider reported…