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

Microsoft trims less than 1% of its workforce as stock underperforms and AI challenges rise. The "underwhelming" Copilot rollout also worsens it.

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.

Microsoft is planning job cuts across multiple divisions, including its security sector, as part of a broader strategy to prioritize high-performance talent and address underperforming employees.

Microsoft is cutting less than 1% of its workforce across departments based on employee performance, according to a spokesperson. The company had 228,000 employees as of June. Microsoft’s stock rose 12% last year,

Microsoft is reportedly planning to initiate performance-based job cuts across multiple departments. The news was first reported in Business Insider and later corroborated by CNBC. According to CNBC,