14 DAY TRIAL // Microsoft’s CEO Steve Ballmer officially announced his reorganization plan for the software giant yesterday, trying to make all units work as a whole and thus improve the company’s annual profit.
As a result of this new reshuffle, Microsoft’s stock price grew by 2.84 points in just a few hours before eventually reaching a record $35.69.
As part of Ballmer’s restructuring plan, Julie Larson-Green, previously Windows boss after Steven Sinofsky’s departure, will be in charge of a hardware division that also includes the Surface tablet and the Xbox gaming console.
The Operating Systems Engineering Group will be led by Terry Myerson who was the head of the Windows Phone unit. He will be responsible for the OS work for consoles, mobile devices, PCs and back-end systems, Ballmer confirmed in an internal memo sent to employees.