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

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.

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,