Microsoft Corp. (Nasdaq:MSFT – news), in a bid to sell more business software to smaller companies, has reorganized top management so division heads report directly to Chief Executive Steve Ballmer, the company said on Thursday.
In a separate statement, the world’s largest software maker said it would close a small development office in Ohio in its Business Solutions division and lay off more than 100 workers.
The world’s largest software maker, which expects to post revenue of $36.5 billion for its current fiscal year that ends on June 30, believes accounting, payroll, customer service and other business software for smaller companies can generate $10 billion in annual revenue by the end of the decade.
Doug Burgum, the former chief executive of Great Plains Software that Microsoft acquired to boost its software business for small- and medium-sized companies, will now report to Ballmer instead of Jeff Raikes, head of the information worker division that makes the Office family of applications. (full story)
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