Only three days before an eagerly anticipated employee pub was set to open at Microsoft's new entertainment-and-devices complex in Redmond, Wash., Microsoft (NSDQ: MSFT) got cold feet and killed the idea, Seattle-area technology news site TechFlash reported Friday. A spokesman said that the company decided that the bar wasn't appropriate for a "business environment." What's odd, though, is that plans for the bar had been in the works for more than a year. It featured eight bar taps, a "giant bar," and a fireplaceand was all set for its grand opening, TechFlash reports. But Microsoft decided to terminate the lease; a spokesperson said cost-cutting didn't play a role. Microsoft has cut back on several initiatives recently, citing economic conditions. Earlier this year, sources at the company said it determined that it could save more than $100 million by cutting back on certain employee perks, but that Microsoft's CFO had nixed the idea.
By Joseph Tartakoff