{"id":10588,"date":"2009-11-25T09:08:00","date_gmt":"2009-11-25T07:08:00","guid":{"rendered":""},"modified":"2009-11-25T09:08:00","modified_gmt":"2009-11-25T07:08:00","slug":"microsoft-cfo-steps-down","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/10588-microsoft-cfo-steps-down.html","title":{"rendered":"Microsoft CFO steps down"},"content":{"rendered":"<p>Chris Liddell joined Microsoft as CFO in 2005. He led a major effort to cut $3 billion in costs in the past year after the economic downturn started eating into Microsoft&#8217;s profits. The plan included Microsoft&#8217;s first mass layoffs, wage freezes, cuts to employee travel and other expenses.<\/p>\n<p>In the most recent quarter, Microsoft&#8217;s cash and short-term investments that could be quickly converted to cash jumped to $36.7 billion from $31.4 billion three months earlier.<\/p>\n<p>Microsoft says Liddell is looking at other opportunities. He&#8217;ll be replaced by Peter Klein, who is currently the top finance officer for the division that produces Office and other business software.<\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php?p=3375462#post3375462\">Microsoft CFO steps down<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft Corp. says its chief financial officer is departing at the end of the year.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-10588","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/10588"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=10588"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/10588\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=10588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=10588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=10588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}