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Recession news from FierceCIO

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Stock market turmoil leads to tech confusion

The last few months have produced more clouds than silver linings for almost every U.S. economic sector. In October the S&P 500-stock index fell just over 18 percent, according to Standard &... Read more...

Some tips for IT to survive the current economic crunch

As we wait for the worst of the fallout from the on-going credit crunch to pass, it has become inevitable that even the resilient IT industry will be affected by the economic climate. I think it's... Read more...

Eight reasons tech will survive the meltdown

While the global economy is dismal and layoffs are all around, experts believe that the sales of computer hardware, software and services will be growing again within 18 months. Here are some... Read more...

Is your IT budget flat yet?

Most people in the IT world already know that something is coming down the pike soon, and it's not good. SearchCIO reports that its "TechTarget's 2009 IT Priorities Survey" finds that the sky is not... Read more...

IT wages fall

Wages for U.S. tech jobs fell 6 percent in the third quarter, compared with the same period last year, according to IT staffing company Yoh Services. The Philadelphia-based company's Index of... Read more...

Mistakes managers can avoid

In this economic climate, IT executives are under the gun to do better and save more money. Yet there are plenty of mistakes that IT professionals make when trying to make the best of a bad... Read more...

Putting numbers behind IT budget woes

The economic news has been bad, very bad. Every week, there are articles predicting how the downturn will affect the IT industry, jobs and budgets. And as those in the industry know, IT is taking a... Read more...

Is the tech sector in trouble?

So how bad is the current economic crisis for IT? Can IT weather the storm? Steve Minton, vice president of worldwide IT markets at IDC, says, "Companies are in the mindset of not spending in the... Read more...

Xerox to cut 3,000 jobs

Xerox, the world's largest printing and document services company will be cutting 3,000 jobs, or 5 percent of its workforce, over the next six months. In an ominous sign of things to come, Xerox CEO... Read more...

Job tips for tough economic times

If a dwindling 401k and questionable job security keep you awake at night, you're not alone. Experts are offering IT professionals advice on how to handle these tough times and remain employed. By... Read more...

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