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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. This sector is expected to see an annual growth rate exceeding 20 percent from 2023 to 2026. “We These actions resulted in a reduction in overall headcount.

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Managed services projections increase through 2023

CIO Business Intelligence

Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less. In this report, the news about technology investments was surprisingly upbeat. To learn more, visit us here. IT Leadership

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Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

Economic uncertainty Organizations are concerned about multiple economic forces that are all causing uncertainty, says Srinivas Mukkamala, chief product officer at Ivanti. How do you future-proof your business in the face of so much uncertainty?

IT 145
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The CIO Guide for 2023: Top Tips for Navigating Uncertainty in the New Year

CIO Business Intelligence

In the coming year, having a good read on customer needs will be crucial as many organizations battle resource constraints, challenging economic conditions, and continuing uncertainty when it comes to planning.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). Fragility occurs when a built system is easily “broken” when some component is changed.

Strategy 290
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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda.

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Accenture to lay off 19,000 to cut costs amid economic uncertainty

CIO Business Intelligence

While we continue to hire, especially to support our strategic growth priorities, during the second quarter of fiscal 2023, we initiated actions to streamline our operations and transform our non-billable corporate functions to reduce costs,” the company said in an Securities & Exchange Commission (SEC) filing on Thursday. billion to $16.7