Microsoft Corp. (Nasdaq: MSFT) is planning a round of performance-based layoffs, the company confirmed to the Business Journal Wednesday. A spokesperson for the Redmond-based tech giant declined to disclose how many people will be affected or to what extent the layoffs will impact its Puget Sound-region workforce.

Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Microsoft is cutting a small percentage of jobs across departments,

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,