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NEC to raise $1.6bn in share sales to offset losses
... Earlier this year, Toshiba raised Y500bn. Like most other large electronics companies in Japan, NEC has been hard hit by reduced tech spending by corporates as they attempt to cut costs to ride out the recession. In January, NEC announced... http://www.computerweekly.com/Articles/2009/11/06/238449/nec-to-raise-1.6bn-in-share-sales-to-offset-losses.htm
eBay claims a return to stability
...at PayPal and continued stabilisation in our core eBay business," Donahoe said The e-commerce company has been hard hit by the recession, with lower consumer spending and fewer online visitors. PayPal brought in $669m, an increase... http://www.computerweekly.com/Articles/2009/07/23/237011/ebay-claims-a-return-to-stability.htm
HP results beat expectations
...reductions to other benefits. Workers at HP owned EDS in the US, which HP acquired last year, have been particular hard hit. The company announced in 2008 that it would cut 24,600 jobs of its worldwide, 320,000-strong workforce. Of... http://www.computerweekly.com/Articles/2009/08/19/237369/hp-results-beat-expectations.htm
Fujitsu staff strike over pension plans
...proposed pension scheme change would reduce the total pay package of each employee by at least 15%. UK staff have been hard hit by the company's restructuring plans. In June last year Fujitsu announced jobs were at risk after Connecting for Health... http://www.computerweekly.com/Articles/2009/08/30/237495/fujitsu-staff-strike-over-pension-plans.htm
Online shoppers spend £4.8bn in wet summer
...for the new Apple iPhone 3G and flat screen televisions ahead of the Olympics. IMRG managing director Jo Evans said hard-hit UK shoppers are using the web to hunt for bargains, compare prices and ensure they get the best deals. GVL5-20090106... http://www.computerweekly.com/Articles/2008/08/20/231927/online-shoppers-spend-4.8bn-in-wet-summer.htm
Investment banking IT workers will be powerful forces elsewhere
...financial services sector as job opportunities disappear in the investment sector. The investment banking sector has been hard hit by the credit crunch with banks such as Lehman Brothers, which went bankrupt in September, laying off thousands. Lehmans... http://www.computerweekly.com/Articles/2009/03/10/235221/investment-banking-it-workers-will-be-powerful-forces.htm
New technology flexibility will help soften economic downturn
...ensure they are prepared for cuts in IT budgets of around 10% this year. IT departments of most companies will be hard hit if the predictions prove to be accurate, but George Henderson, IT director of Silverjet said newly acquired technology... http://www.computerweekly.com/Articles/2008/01/16/228928/new-technology-flexibility-will-help-soften-economic.htm
Wireless and web firms attract venture capitalists
...tinge, so clean technology companies should still get an audience," he said. Software companies, which had been hard hit in earlier years, bounced back in 2008 to claim 41% of deals. But future investors were likely to be more interested... http://www.computerweekly.com/Articles/2009/02/10/234728/wireless-and-web-firms-attract-venture-capitalists.htm
Green IT strategies will lay dormant during economic turmoil, but will not go away
...projects will not stack up." According to Tony Baer, senior analyst at Ovum, environmentally-friendly IT will be hard hit by the dual effect of recession and oil price deflation in the shortterm. "Perhaps no single planning IT objective... http://www.computerweekly.com/Articles/2009/01/13/234203/green-it-strategies-will-lay-dormant-during-economic-turmoil-but-will-not-go.htm
Vertical market IT spend feels impact of recession
...David Lovelock. "Internal spending, hardware and system integration in the financial sector were particularly hard-hit in 2008, and will continue suffering through 2009," he said. In contrast, healthcare grew 8.3% worldwide in... http://www.computerweekly.com/Articles/2009/02/24/234981/vertical-market-it-spend-feels-impact-of-recession.htm
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Lexmark Q1 numbers show hard hit from downturn
...Print Magazine Digital Magazine You are here» Welcome » News » Lexmark Q1 numbers show hard hit from downturn . Lexmark Q1 numbers show hard hit from downturn by Simon Quicke 21 April 2009 Lexmark has seen its profits drop as... http://www.microscope.co.uk/welcome/news/lexmark-q1-numbers-show-hard-hit-from-downturn/
InformationWeek 500: Hard-Hit Logistics Industry Makes Deep Cuts In IT -- InformationWeek 500
Redevelopment Funds Take a Hard Hit in California
The New Lending System - Putting common sense into compliance and risk assessment
Beyond the tactical: Five strategies for using S&OP to drive maximum benefit
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Redevelopment Funds Take a Hard Hit in California
...Sign Up Home › News › Redevelopment Funds Take a Hard Hit in California California Budget Community / Economic...Housing Market: Not Dead Yet Redevelopment Funds Take a Hard Hit in California A Big City Without A Newspaper Finding... http://www.planetizen.com/node/40086
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Major Restoration Effort Continues in Hard-Hit Louisiana and Other Gulf Coast States
Page 3 - Technology Spending 2002 - Research
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