Fresh job cuts are sweeping the technology sector with Microsoft the latest company to be making layoffs. The tech giant is cutting less than 1% of its employees, with the reductions based on performance,

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 laying off "a small percentage of its workforce," as the tech sector continues to endure a turbulent period.

In the options pits, Microsoft stock has been popular with call traders. This is per its 50-day call/put volume ratio of 2.10 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE),

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

Microsoft’s lates round of layoffs is part of the company’s updated performance management strategy, aligning with similar actions by other tech giants. The cuts are expected to be widespread, impacting several departments,

Microsoft has announced new performance-based layoffs affecting less than 1% of its global workforce of 228,000 employees. The companys focus on “high-performance talent” drives these actions, which span multiple departments,

Microsoft begins 2025 with layoffs targeting underperformers. Learn about its workforce adjustments, AI skilling programs, and focus on cloud and AI growth.

Microsoft is planning to lay off underperforming employees, marking yet another round of firings, according to a Business Insider report. These job cuts are happening across all parts of the company,