Microsoft is carrying out job cuts but employees in India will not lose their jobs in this round, reported The Hindu Businessline.

These layoffs are expected to impact less than 1 per cent of the firm’s employees, the report said citing a person familiar with the matter.

Microsoft India President confirms no layoffs planned, highlighting company's investment in India's AI innovation and job creation.

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

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,