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,

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,

Microsoft Is Set To Implement Job Cuts Aimed At Underperforming Employees, As Reported By Business Insider. Microsoft Confirms Job Cuts Targeting Underperforming Employees, Per Business Insider! President-elect Trump and his former Vice President Mike Pence briefly greeted each other and shook hands as they arrived for the state funeral for former President Jimmy Carter.

Microsoft is laying off "a small percentage of its workforce," as the tech sector continues to endure a turbulent period. The post Microsoft Announces Layoffs, Targeting Poor Performing Employees appeared first on Tech.