[H]ardOCP:

IT staff jobs, both contractors and permanent, are at increasing risk, according to a CIO study conducted by Goldman Sachs & Co. A second study showed that PC and network hardware, along with services providers, would bear the brunt of the spending cuts. Scary stuff.



The Sachs report states that "in a cost-constrained IT budget scenario, CIOs will most likely look to cut their resources first from lower-value augmented [contract] IT staff." The company also describes its survey as "an early warning flag" for service providers’ 2009 bookings of new projects.



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