Microsoft is reportedly laying off less than 1 percent of employees. Microsoft is reportedly laying off less than 1 percent of employees, putting the potential number of workers let go in the thousands.

Redmond, Washington-based Microsoft Corporation (MSFT) is one the largest software companies in the world. It dominates the PC software market with more than 80% of the market share for operating systems and also provides various market leading business and productivity software.

Microsoft is planning to lay off underperforming employees, marking yet another round of firings, according to a Business Insider report. These job cuts are happening across all parts of the company,