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 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,

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,

Erik Scott discusses attempts to contain the raging fires on 'Your World.' Microsoft Confirms Job Cuts Targeting Underperforming Employees, Per Business Insider! This legendary SNL cast member could make a robot laugh.