Economic downturn creates rough ride for IT on spending

Caution signs come out on IT spending plans, as companies focus on reining in costs

With the economy struggling and financial markets in a state of chaos, this is becoming a hard time to be an IT manager.

On every here's-how-to-survive-the-recession list that Gartner Inc. analysts presented at the consulting firm's Symposium/ITxpo 2008 conference in Orlando last week, the No. 1 cost-reduction option that IT execs should prepare for involved people in the form of hiring freezes, job cuts or flattening organizations by eliminating layers of management. ... Go to source