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Microsoft has lost several key executives in recent months, many to upstart rivals. Google alone has picked off 100 former Microsofties. Why? Employees say the software giant has slowed as it has moved into middle age. The challenges: morale, bureaucracy, and impediments to innovation. If Microsoft can't fix the problem, it could find itself in the same situation that IBM did when Microsoft was the hot upstart on the scene two decades ago.
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