Microsoft is preparing to announce another round of layoffs as part of the company’s efforts to rein in costs, according to a report by Business Insider. The job cuts are expected to affect proffesisoanls in the sales, consulting and roles within the Xbox gaming division.

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…