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  Microsoft Tries to Cache $1 Billion
Time: 14:01 EST/19:01 GMT | News Source: Washington Post | Posted By: Byron Hinson

Even companies with $56 billion in the bank have to do some belt tightening. The company in question is Microsoft, whose chief executive, Steve Ballmer, outlined the company's plans to cut $1 billion in costs in his annual e-mail message to employees.

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