How much has IT budget anxiety grown? Forty percent of CIOs plan to cut their budgets from last year’s level, with contractors and discretionary technology projects first in line for cuts: that’s up from 26 percent in July and 17 percent in March.
How long will the recession last? Will I get fired? Will I get outsourced? Will I be able to find a new job? This story attempts to answer your most pressing questions about the economy and your IT job.
With the unemployment rates at their highest level in six years and layoffs planned at some of the biggest companies, tech workers are feeling anxious about their jobs and powerless in the face of economic uncertainty. Two IT staffing experts offer some empowering advice for all IT workers.
Focusing your efforts on jobs in growing industries and demonstrating how your work has generated revenue are just two simple ways to distinguish yourself from the rest of the job seekers competing for positions in a down economy.
A solid IT risk and compliance program will lower costs, reduce risk and permt consistent compliance. With better security, lower audit burden, improved leverage of IT resources, fast decision-making and business process optimization, companies can gain some recession relief.
IT professionals have to take an additional responsibilities when their departments are initiating hiring freezes or layoffs. While working double duty can be stressful, it can also provide opportunities for IT pros to learn new skills and expand existing ones.
The current economic downturn is the first one Generation Y will experience as working adults. There resulting budget and job cuts may come as a complete shock to this entitled, demanding generation. Do they have enough grit, experience and manners to bounce back?
Generation Y is known for being high-maintenance in the workplace. So when an economic downtorn brings Gen Y workers pink slips instead of promotions, you might think they’ll wither like flowers. In fact, they may be better positioned for surviveal than their older co-workers.
Workplace experts agree that Generation Y professionals may have a difficult time surviving a recession because they’re not used to having to make sacrifices and because they’ve never lived lived through an economic downturn before. Here’s what members of Generation Y can do to prove those experts wrong.
This issue of Trendlines from the 9/1/08 issue of CIO magazine covers IT budgets, the return of the desktop, SaaS and the fight against cancer, why developers think the CIO is clueless and recent changes in the C suites around the country.
With the mandate to run the IT function like a business, you also have to be a CEO: planning and executing IT financial controls, marketing campaigns, HR strategies, customer service efforts and all the other disciplines that make a business run.