Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence.
The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter. The reductions won’t exclusively affect sales teams, and the timing could still change, said the people, who requested anonymity to discuss a private matter.
The company declined to comment.
The terminations would follow a…