Microsoft Corp had been telling its employees that the departure of CEO Steve Ballmer would pursue within 12 months. The company had been seeking to reassure senior managers who are worried about the search for the new CEO. The firm's senior managers think that the search would throw turnaround efforts into disarray.
Some managers had sent emails to their staff last August 23 stating that they would remain to Ballmer's reorganization plan and vision. This was according to three people who have direct knowledge regarding the matter.
Even as the hunt for a new CEO may change the strategy of the giant software maker, the managers of the company said to remain their focus on the reorganization plan. The latter was the company's biggest shift in more than a decade.
According to chief investment officer of Tigress Financial Partners Ivan Feinseth, "They need to be better in social, mobile, analytics and cloud, and they really have very little to offer in those areas."
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