Microsoft to make performance-based job cuts across departments, including security, impacting "less than 1%" of the workforce
At the beginning of 2023, Microsoft announced its plans to cut 10,000 jobs before the end of FY23 Q3, which would be approximately 5% of the company's workforce. Now, the tech giant has announced performance-based job cuts across its departments, including the company's security division. While speaking to CNBC, a Microsoft spokesman indicated: