Microsoft CEO Steve Ballmer told shareholders Wednesday he expects the company's move to slow its hiring will continue beyond the middle of next year.
Headcount, he said, will experience "much, much slower growth for the remainder of this financial year and I suspect into next year." Microsoft's current fiscal year runs through June, with the coming fiscal year stretching until mid-2010.
His comments came at the company's annual shareholders meeting Wednesday in Bellevue, Wash., not far from the company's Redmond headquarters. Ballmer's address was also offered live via Webcast.