REDMOND, Wash. ( TheStreet) -- Microsoft ( MSFT) is preparing to make a new round of job cuts as early as Wednesday, according to a report. TechFlash, a news site from Seattle, reports the unconfirmed numbers are small, far less than the roughly 5,000 jobs Microsoft trimmed last year. TechFlash cited people with knowledge of the situation. The cuts are coming at the beginning of the new fiscal year, often a time when Microsoft makes adjustments in product teams to align them with new strategies, TechFlash says. Microsoft reps declined to comment. TechFlash said it doesn't know which groups inside Microsoft will feel the most impact from the job cuts. TechFlash notes that even with the upcoming cuts, Microsoft is expected to continue adding jobs in other areas, as has been Microsoft's practice when making layoffs in the past. -- Written by Joseph Woelfel in New York. Get more stock ideas and investing advice on our sister site, Stockpickr.com.