IT Jobs Crawling Back
A number of vendors are experiencing a rocky quarter, but the jobs market may be stabilizing
April 20, 2005
This earnings season has gotten off to a rocky start for a number of key technology vendors, but its not all bad news. Research suggests that the IT job market remains buoyant.
Last week IBM Corp. (NYSE: IBM) sent shockwaves through the financial markets with its first-quarter results, and a number of other vendors are also enduring a tough quarter (see IBM Reports Q1 Results and Foundry Faces Tough Times).
There has been plenty of hype surrounding the IT industry’s putative resurgence over recent months, although IBM and Extreme Networks Inc. (Nasdaq: EXTR) woes suggest that maybe it’s still too early to crack open the champagne (see Are We out of the Woods Yet?).
But research says that the IT jobs market remains unaffected by the industry’s current wobble. A recent survey of more than 1,400 CIOs from U.S. companies, conducted by consultancy Robert Half Technology, reported that execs feel pretty upbeat about IT hiring in the second quarter of 2005 (see CIO Survey Forecasts Stable Hiring).
Get further details at NDCF— James Rogers, Site Editor, Next-Gen Data Center Forum
Read more about:
2005You May Also Like