Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.

Microsoft plans to make a new round of layoffs across the company, impacting employees whose performance has been deemed to fall short of its standards.

Fresh job cuts are sweeping the technology sector with Microsoft the latest company to be making layoffs. The numbers aren’t huge. The tech giant is cutting less than 1% of its employees, with the reductions based on performance,

The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, sources told BI.

Microsoft is laying off "a small percentage of its workforce," as the tech sector continues to endure a turbulent period.

Microsoft Corp. (Nasdaq: MSFT) is planning a round of performance-based layoffs, the company confirmed to the Business Journal Wednesday. A spokesperson for the Redmond-based tech giant declined to disclose how many people will be affected or to what extent the layoffs will impact its Puget Sound-region workforce.

Microsoft reportedly plans a new round of job cuts in 2025, targeting low-performing employees across several divisions, including security.

Redmond claims cuts are performance based Microsoft kicks off the new year with more job cuts, as fewer than 1 percent of employees reportedly face the axe.… As first reported by Business Insider, Microsoft is trimming its workforce again,

In the options pits, Microsoft stock has been popular with call traders. This is per its 50-day call/put volume ratio of 2.10 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE),

Microsoft has announced performance-based job cuts across its departments, including its security division. The job cuts will affect less than 1% of its workforce.