Microsoft is facing competition from all sides and will soon have another problem as its leader Bill Gates works on his exit plan to leave the company next year as plannedSeattle (EON) - Microsoft is facing competition from all sides and will soon have another problem as its leader Bill Gates works on his exit plan to leave the company next year as planned.

Gates was the co-founder of Microsoft 32 years ago and have grown it into an absolutely monstrous software company. The 51-year-old chairman has not slowed down one bit yet but reports are that he still plans to step down next year.

Gates will be leaving Microsoft to devote all of his energy to the $33 billion foundation he set up seven years ago with his wife to help others.

Gates stated “I am in a lucky situation of having way more things that seem interesting to do and very exciting and important, and working with smart people, and highly impactful, way more than a 24-hour day will fit.”