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

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 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,

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.

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