Microsoft's Ballmer pushes cost savings
SeattlePI | at | by Mike
Microsoft Chief Executive Steve Ballmer yesterday portrayed the company as determined to stay atop its industry even as it deals with the realities of corporate middle age -- conscious of costs but still focused on technological advances.
In his annual memo to employees, the Microsoft CEO wrote about issues as diverse as the company's new business initiatives, its cash stockpile, its strategy for combating open-source software, its share price, and the future of its flagship Windows and Office products. He also expressed optimism about the company's prospects for growth, and he defended its effort to save nearly $1 billion in costs this fiscal year.