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Economy news from FierceCIO

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Grim outlook for IT spending

ChangeWave Research has found in a new survey that there is a retreat on corporate IT spending as the economy continues to slump. Thirty percent of those surveyed reported that third-quarter IT Read more...

Recession-proof IT jobs

We may be in a recession and times may look bleak, but a new survey suggests there are some IT jobs that will remain in high demand. A new report on the "Top 20 Most Recession-Proof Professions" Read more...

Cisco chief sees no spending recovery this year

In a move that resulted in some analysts cutting their forecasts for the company as well as Read more...

Is procurement rearing its ugly head in IT?

There was a time when IT professionals decided on the technology and the equipment to purchase, and then the procurement side of the company would come in and perhaps try to negotiate a better Read more...