From Computerworld, July 18, 2008...
IT staff jobs are at increasing risk -- both for contractors and in-house workers -- according to a survey of top CIOs by Goldman Sachs & Co. released last week. Global services companies will also feel the pinch because of the slowing economy.
A second survey showed that basic PC and network hardware, as well as professional services providers, would bear the largest proportion of spending cuts. It also showed that CIOs planned to emphasize economizing measures over investments in new technologies, with cloud computing emerging as the last item on their priority lists, despite the hype around it.
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