global recession

News

• 70 per cent of CIOs say GFC effects have passed: IDC

  By Lisa Banks | 22 July, 2010 11:47

  A survey of some 400 CIOs across the Australia and New Zealand (ANZ) region indicates that while 70 per cent feel the effects of the GFC have passed, an average 2.3 per cent budget increase will take place in these organisations.

• Outsourcer Wipro continues to be affected by recession

  By John Ribeiro | 28 October, 2009 08:39

  Wipro, India's third-largest outsourcer, said Tuesday that its IT services revenue in U.S. dollar terms had declined by 4 percent to US$1.1 billion in the quarter ended Sept. 30 against the same quarter last year.

• Some IT skills see pay hikes during downturn

  By Denise Dubie | 24 April, 2009 03:34

  Budget dollars may be tight for most companies, but that doesn't mean enterprise IT departments can do without the technology skills, talent and certifications they need to better navigate a down economy.

• Layoffs leave orphaned hardware, unused software licenses

  By Lucas Mearian | 12 March, 2009 08:38

  Pat Beemer, IT director for Seattle Lighting, has a lot of orphaned computer hardware and unused software licenses on his hands -- the result of what he calls "serious" layoffs at the company.

• Microsoft says economy offers opportunity for govt IT

  By Nancy Gohring | 05 March, 2009 08:20

  At its CIO Summit, Microsoft told government and education IT managers to figure out how to do "more with less" during the economic recession.

• Microsoft has big growth plans even as economy limps

  By John Fontana | 25 February, 2009 08:19

  Microsoft CEO Steve Ballmer told financial analysts Monday that the weak economy and declining PC sales would continue to challenge the company but that Microsoft would focus on growing market share within its seven core businesses.

• Think tank: Nearly 1M jobs could be created by IT stimulus

  By  Jon Brodkin | 08 January, 2009 08:08

  An information technology think tank is urging Congress to devote $30 billion toward the IT industry, saying such a move will create or retain nearly 1 million jobs, more than half of them at small businesses.

• Stimulus could create thousands of IT jobs

  By Patrick Thibodeau | 06 January, 2009 09:07

  A US federal economic stimulus package expected early this year from the administration of President-elect Barack Obama should boost the job prospects of IT professionals.

• Bank IT jobs slashed in recession

  By Siobhan Chapman | 03 December, 2008 07:57

  More IT jobs are under threat in the UK financial services sector as two leading banks, HSBC and Credit Suisse, announced plans to slash their workforce.