Los Angeles CIOs Report on Second-Quarter Hiring Outlook
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LOS ANGELES, March 6  /PRNewswire/ -- A net 8 percent of chief information officers (CIOs) in the Los Angeles area expect to hire information technology (IT) professionals in the second quarter of 2007, according to the most recent Robert Half Technology IT Hiring Index and Skills Report.
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CHICAGO, Dec. 11  /PRNewswire-FirstCall/ -- A net 7 percent of chief information officers (CIOs) in the Chicago area expect to hire information technology (IT) professionals in the first quarter of 2007, according to the most recent Robert Half Technology IT Hiring Index and Skills Report.
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Overall, the results of the latest Manpower Employment Survey suggest that US employers plan to increase hiring after the new year.
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Companies&#39; hiring plans could cool early next year, according to a new survey by Manpower Inc. Some local job experts, though, question the employment agency&#39;s findings.
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According to economists and employment analysts, the job picture will be brighter next year.
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CIOs surveyed last month predicted that IT spending would grow by only 6.7% during the next 12 months, down from the 8.4% growth rate they predicted in November, according to the latest CIO Magazine Tech Poll released today.
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Using lessons learned from a difficult implementation four years ago, the city of Los Angeles is finding an easier time in its second major rollout of PeopleSoft software.
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A pair of Forrester Research analysts gave CIOs a passel of advice Thursday on how to deal with the possibility of a U.S. economic recession.&quot;We are not predicting a recession, but we think its important for CIOs to be proactive, to get their businesses ready in case there is a recession,&quot; said analyst Andrew Bartels, who conducted the teleconference with colleague Alex Cullen.Their recommendations boiled down to a number of main themes: The right ways to cut costs, to work closely with CFOs, and to plan not only for the lean times but for the good ones that inevitably follow.&quot;Get close to your CFO. You want to be arm in arm with that CFO,&quot; Bartels stressed.Forrester said there is a 55 percent probability the economy will remain essentially stabilized, due to factors including U.S. exports boosted by a weak dollar. The firm projects a 35 percent chance the country will enter a shallow recession, and a 10 percent chance it will fall into a deep one.The analysts said to watch for two key warning signs: Gas prices rising above $4 a gallon and two or more consecutive months of non-farm payroll employment.If they haven&#39;t already, CIOs should prepare now by reviewing their portfolios and identify which projects could be postponed, cut, or cancelled, he said.&quot;If you&#39;re running things well, adapting to recession is easier,&quot; Cullen noted.The tradeoffs vary depending on the type of cut, he said. For example, delaying hardware purchases could result in increased service outages.CIOs could also try other tactics, such as renegotiating vendor pacts or enacting hiring freezes, according to Forrester. Such measures could antagonize business partners and overburden staff, they said.But those types of risks are mild in comparison to that posed by cutting certain types of &quot;low-hanging fruit,&quot; such as time and support for research and development.&quot;These things look like they don&#39;t have immediate payback, so the question is &#39;Why are we doing them when times are tight?&#39;&quot; Cullen said.Likewise, it would be foolish to pull money and resources away from architectural strategy, he argued: &quot;You&#39;re going to be impeding your ability to take a long-term view of IT investments. When the tap opens up again people are going to be creating silos ... and you&#39;re going to spend your time unwinding these things.&quot;&quot;The worst thing you can do as a CIO is get so focused on cuts that when you come out of a recession, your department can&#39;t take the business where it wants to be,&quot; Bartels added.Outsourcing IT may also look like an appealing option, but the analysts issued a stern warning against it as a quick fix.Large-scale outsourcing deals take a long time to close, for one thing, Cullen argued: &quot;This is not near-term savings. This is not 2008 savings.&quot; But outsourcing of a particular IT function could make sense, he said.The hot trend of the past couple of years -- SaaS (software as a service) -- is not necessarily a fitting remedy during a recession, the analysts argued. While SaaS vendors relentlessly tout the cost savings their offerings can provide, it would cost a lot more to rip and replace legacy assets with SaaS products, the analysts said. However, they added, SaaS might offer lower upfront costs for a new technology.
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WASHINGTON, Dec. 11  /PRNewswire/ -- A net 18 percent of chief information officers (CIOs) in the Washington, D.C., area expect to hire information technology (IT) professionals in the first quarter of 2007, according to the most recent Robert Half Technology IT Hiring Index and Skills Report.
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Tightness in the labour market notwithstanding, the prospects for hiring in the third quarter are down from the second quarter, according to the new Manpower Employment Outlook Survey.
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Despite a 2% increase in IT employment early in the year, IT job growth for the rest of 2004 is expected to be slow, according to the Information Technology Association of America.
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U.S. chief executives&#39; outlook on the  economy dimmed in the second quarter, although they still  expect growth, according to a quarterly survey by the Business  Roundtable released on Tuesday.
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A survey shows Japanese companies at their most optimistic in more than two years.
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The center will have 1,000 employees over the next two years, and the focus will be on local software development and services resources.
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US planned job cuts eased in October but remained above the 100,000 level for the second month in row, a report said Tuesday. Employment consulting firm Challenger, Gray &amp; Christmas Inc.
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Company offers its second annual pitch of five predictions for what we'll see in the next five years.
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Applied Industrial Technologies Inc. said it expects to report second-quarter profit within the middle of its previous guidance, and reaffirmed its earnings outlook for fiscal 2005.