2011-01-22 … 1996. In 1997 then-interim CEO Steve Jobs announced the company was pursuing an alliance with Microsoft to offer a Mac version of Microsoft Office. In 1997, in the interest of long-term viability, the company embarked on a major reorganization and draconian cost-cutting measures, including the layoffs of several thousand employees (almost a third of the company). It also brought Steve Jobs back as interim (and soon-to-be permanent) CEO, replacing Gil Amelio and resulting in …
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