The process of cutting laminations from which the cores of electric machines are built causes a change in their magnetic properties and losses, which can significantly affect machines’ parameters, mainly losses of power and efficiency. Electric motors are a significant consumer of electricity; therefore, the problem of increasing their efficiency is fundamental from the point of view of environmental impact. The subject of the work is the study of the influence of punching and laser cutting on the magnetization and loss characteristics of sheets, taking into account the phenomenon of magnetic anisotropy. For this purpose, samples cut in different directions were tested. As the direction of the field action in the motor core varies in different parts of the machine and time moments, it was investigated how to obtain average characteristics for different directions of magnetization. Then, a simplified method for determining the characteristics of punched sheets of various widths based on small-width samples and water cut samples is presented. The proposed solutions allow for refinement of the calculations of magnetic circuits with a simplified consideration of the influence of punching.