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)
Latest posts by Ramon Ray (see all)
- Vistaprint Report Says Many Consumers Will Shop More Small Businesses in 2018 - October 2, 2017
- Kensington Announces Ultimate Presenter with Virtual Pointer - October 2, 2017
- Zoho Enables Real Time Messaging with Cliq - October 1, 2017