Microsoft's CEO says he hopes to gain market share during the recession -- and he's willing to spend money to do so.
When Microsoft Corp. reported an 11% year-to-year drop in its second-quarter profits on Jan. 22, it also announced a series of cost-cutting moves that included a plan to eliminate up to 5,000 jobs over the next 18 months.
And at a meeting with financial analysts in New York last Tuesday, CEO Steve Ballmer had some downbeat words about the economy and the software vendor's business outlook.
More: http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=334903&source=NLT_MSFT
When Microsoft Corp. reported an 11% year-to-year drop in its second-quarter profits on Jan. 22, it also announced a series of cost-cutting moves that included a plan to eliminate up to 5,000 jobs over the next 18 months.
And at a meeting with financial analysts in New York last Tuesday, CEO Steve Ballmer had some downbeat words about the economy and the software vendor's business outlook.
More: http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=334903&source=NLT_MSFT