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 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 ( MSFT, Financial) is set for another round of layoffs, and sources say these will include underperformers in performance-based cuts. Business Insider reports that security will be impacted,

Microsoft reported to be laying off nearly 1% of its headcount Share prices haven’t risen as much as key rivals Financial performance is still strong at Microsoft The technology industry is still grappling with ongoing financial challenges leading to widespread job losses,

Microsoft employs hundreds of thousands of people globally and has implemented multiple rounds of major layoffs over the years.

Microsoft is planning job cuts soon, and the company is taking a harder look at underperforming employees as part of the reductions, according to two people familiar with the plans. A Microsoft spokesperson confirmed cuts but declined to share details on the number of employees being let go.

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

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.