Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.

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,

Microsoft reportedly plans a new round of job cuts in 2025, targeting low-performing employees across several divisions, including security.

Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable.

India is on the brink of a huge technological transformation, and Microsoft is leading the charge. With artificial intelligence (AI) expected to bring $15.7 trillion to the global economy by 2030, Microsoft is investing a massive $3 billion over the next two years to help India harness this incredible potential.

Tech giant Microsoft has unveiled plans to invest $3bn to bolster cloud and AI infrastructure in India over the next two years. The investment aims to bolster India's long-term competitiveness by equipping ten million people with AI skills over the next five years.