Westpac Banking Corporation is poised to axe more than 400 jobs and send another 150 offshore in the latest round of job cuts at the big banks.

Almost three-quarters of finance and information technology workers say racism exists in Australian hiring practices, a survey shows.

Westpac Banking Corporation has put the future of 28 IT management roles in doubt by commencing a review of their roles as part of a group-wide restructure.

Crowd sourcing is the way of the future even if hiring people from all around the world could jeopardise Australian jobs, an expert said.

The rollout of the National Broadband Network (NBN) in the Illawarra will provide 500 new jobs in the region at its peak, according to a statement by the Department of Broadband Communications and the Digital Economy.

As bad as 2009 was for employment in the U.S.--and it was truly terrible--the CIO job market picked up during the latter half of the year, according to executive recruiters who believe the increase in CIO job openings and search activity is a positive sign of what's to come in 2010.

Despite the severity of the current financial crisis, only one in four Australian contractors, have been required to take a pay cut to stay in employment, a new report has found.

I tend to equate the salaries of celebrity CIOs (an oxymoron, I know) with the compensation packages of today's professional athletes: They're all seemingly excessive and incomprehensible to most salt-of-the-earth people. HP CIO Randy Mott, for instance, took home more than US$28 million in compensation in 2008, while New York Yankees' slugger Alex Rodriguez earns $15,856 every time he sees a pitch, according to The Wall Street Journal.

Chances are, if you've survived a round of layoffs in your career, you've probably experienced a pang of longing for lost colleagues, a lack of motivation and a decrease in productivity. According to a report by The Conference Board, an independent membership organization, such reactions can be described as "survivor's syndrome."

A new report from recruitment company Hudson has reinforced what most of us take for granted: recessions make staff nervous.