Microsoft Pri0
Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times reporter Sharon Chan.
SubscribeNovember 19, 2008 8:31 AM
Microsoft shareholder meeting: Ballmer expects much slower hiring this year and next
Posted by Benjamin J. Romano
Microsoft CEO Steve Ballmer, speaking at the company's annual shareholder meeting in Bellevue this morning, said the economic downturn will certainly have an impact on the company's business.
The company is looking at every aspect of its business for opportunities to reduce costs; utilize resources more efficiently, and "much, much slower growth, particular in headcount, for the remainder of this financial year and, I suspect into the next financial year," Ballmer said.
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