Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure.

Microsoft says the cuts will hit divisions across the company, but did not indicate which teams will be most affected.

Software giant Microsoft on Wednesday said that, once again, thousands in its global workforce will be laid off across multiple levels as the company strives for a slimmer operation.