Microsoft plans to announce a new round of job cuts as early as next week.

The layoffs will impact thousands of employees.

This reduction represents less than 2.5% of the company's 220,000-person workforce.

Affected roles include positions in sales, consulting, and the Xbox gaming division.

The move aims to rein in costs while increasing spending on artificial intelligence.

The timing aligns with the July 1 start of Microsoft's new fiscal year.