CIO Managing Change

IT in firing line as Citigroup announces 52,000 jobs to go

Tue, 18 Nov 2008 11:21:00 GMT

New CIO will lead transformational efforts and centralisation as cuts deepen

Financial services giant Citigroup’s announcement of 52,000 job losses is certain to affect many IT staff.

Microsoft's CIO on innovation, freedom and open source

Mon, 17 Nov 2008 12:00:00 GMT

How Microsoft keeps a balance between innovation and business driven priorities.

Innovation is mandatory today, but as CIO of Microsoft, Tony Scott must create a culture that encourages experimentation while simultaneously creating clear guidelines about which creative ideas are worth pursuing.

BT takes axe to workforce as services unit struggles

Fri, 14 Nov 2008 09:20:00 GMT

Offshore and subcontractors to bear the brunt.

The former UK telecoms incumbent, BT, has announced that is to axe 10,000 workers as it seeks to cut costs and improve profitability at its services branch.

Virgin announces 2,200 job cuts

Thu, 13 Nov 2008 06:03:00 GMT

Layoffs not related to financial crisis

Virgin Media is to cut 2,200 jobs by 2012 as part of a group-wide overhaul in the wake of the company's formation following the merger of cable companies Telewest and NTL in 2006. The group, which employs 14,600 people and has Sir Richard Branson as its largest shareholder, has 76 offices across the UK, with major bases in London, Edinburgh, Nottingham and Sheffield. Virgin said it would not start cutting jobs until the fourth quarter of next year, with the majority of the role reductions taking place before the end of 2010. The company insisted the job cuts were not related to the current downturn in the economy.

InBev profits brew up as IT team look towards M&A integration

Thu, 06 Nov 2008 15:27:00 GMT

Stella sales as Bud set to join InBev

Brewers InBev has reported that its total revenues grew by 7.7 per cent in the third quarter of 2008. Last week the Brussels based company said its “flexible approach” to IT contracts reduced the need renegotiate contracts.

Lloyds TSB appoints IT chief

Wed, 05 Nov 2008 09:21:00 GMT

RBS and ABN Amro integration guru takes on HBOS project

Lloyds TSB has appointed Mark Fisher, executive director at Royal Bank of Scotland Group (RBS) and chief executive of ABN Amro, as its director of group IT and operations.

Andy Hayler: Bigger is not always better

Tue, 04 Nov 2008 09:46:00 GMT

The basics of software development best practice are being lost because we over-value youth and energy

The software industry has been around long enough now that one would hope that lessons would be learned from past mistakes. Sadly, the old saying by author George Santayana that “Those who cannot remember the past are condemned to repeat it” is as relevant today as it was in 1905.

UK companies lack ability to measure energy use

Tue, 04 Nov 2008 09:25:00 GMT

Going green in the dark, says survey.

Many UK companies have adopted green policies on power consumption without having any way of measuring their progress, a new survey has found.

West Sussex Council review aims for customer service

Thu, 30 Oct 2008 12:52:00 GMT

IT and business processes will put customers first in deal with CapGemini

West Sussex County Council has embarked on a business transformation review as it seeks to become a customer focussed organisation that will use IT to deliver a range of services to the south coast council’s residents.

Indian outsourcers likely to cut jobs

Thu, 30 Oct 2008 09:39:00 GMT

Not seen the bottom of the market yet

Business process outsourcing providers and call centres are among industry sectors in India that are likely to cut more than 25 percent of their staffing in the next 10 days, according to a report by a trade body.

Nomura warns Lehman deal has risks

Tue, 28 Oct 2008 11:51:00 GMT

Massive increase in IT staff comes as it reports another loss

Japanese banking group Nomura has reported major losses for the second quarter of 2008 and has warned its management, staff and investors that in acquiring parts of the stricken US bank Lehman Brothers it’s taking a big risk. Nomura has acquired the Lehman Brothers IT divisions, as well as investment divisions in the Asian Pacific and European markets.

Government blew £273m on cancelled IT projects

Wed, 22 Oct 2008 09:34:00 GMT

Nearly every department has ditched IT projects over five years

The government has shelved IT projects worth at least £273 million during the last five years, MPs have revealed.

Merrill Lynch to cut thousands of IT jobs

Tue, 21 Oct 2008 09:22:00 GMT

Merger leads to jobs slashed across two banks

Takeover of Merrill Lynch by Bank of America will result in thousands of job losses, Merrill Lynch chief executive John Thain has said.

IBM and HP lead the way on green IT

Mon, 20 Oct 2008 11:19:00 GMT

Cisco left with work to do, according to research

Gartner analyst Simon Mingay, in partnership with the World Wildlife Fund, has tried to determine which vendors were tackling climate change within their own company, as well as which ones were delivering green products and services to their customers.

CIO News View: Plates shift but US remains world's IT Titan

Tue, 14 Oct 2008 13:20:00 GMT

America still generating most despite meltdown

It hasn’t been too hard to detect a note of schadenfreude in reporting on global finance recently. For scions of the Left, the irony of emergency nationalisation measures at the largest Western capitalist states has afforded rich pickings. And the barely submerged contempt and bewilderment at the machinations of bankers has finally surfaced: even if we never understood how they made their millions, at least it turned out that they didn’t know what they were doing either.

HP EDS to slash more than 3,000 UK jobs

Thu, 09 Oct 2008 09:46:00 GMT

Unions angered by mass redundancies

HP plans to slash 3,378 jobs over two years following its acquisition of EDS, in a move that has angered the Public and Commercial Services Union (PCS).

Associated Newspapers rationalise IT divisions and lose CIO

Wed, 08 Oct 2008 18:12:00 GMT

Ian Cohen to leave as Northcliffe and Associated news groups merge IT divisions

Newspaper publishing group Associated Newspapers, which includes the Daily Mail and General Trust and Northcliffe Media companies, is merging its IT divisions, resulting in the departure of Associated Newspapers CIO Ian Cohen.

Nomura to buy Lehman Indian IT hub

Tue, 07 Oct 2008 08:06:00 GMT

Saves 3,000 jobs, including 1,200 IT workers

Nomura Holdings, a Japanese financial services group, announced on Monday that it has entered into an agreement with ailing Lehman Brothers Holdings to acquire the Lehman back office and IT operations in Mumbai for an undisclosed amount.

BA to cut costs in multimillion outsourcing deal

Thu, 25 Sep 2008 11:11:00 GMT

Three year deal for application support and testing

British Airways has signed a multimillion pound application support and testing deal with NIIT Technologies, as part of ongoing attempts to improve its efficiency and cut costs.

Agile development and testing bring Turquoise to market

Wed, 24 Sep 2008 10:39:00 GMT

Outsourced testing is key to rapid build and roll out

Agile development practices allowed Turquoise, the trading facility established by nine leading European investment banks, to formally launch this week, just 10 months after work on the platform begun.

Lloyds TSB and HBOS merger leads to IT savings

Fri, 19 Sep 2008 09:35:00 GMT

£12.2 billion merger could generate £1 billion savings by 2011

Lloyds TSB £12.2 billion take-over of Halifax Bank of Scotland (HBOS) could lead to IT job cuts, offshoring and technology savings, the banks revealed today.

NHS to consult public on research access to care record systems

Wed, 17 Sep 2008 10:00:00 GMT

But decision on hospital doctor access being taken by NHS

The NHS is launching a consultation with the public on who will be able to access their health records outside of direct care.

City IT workers in fear as Lehman goes bankrupt

Mon, 15 Sep 2008 14:01:00 GMT

Bank has no comment on future of its IT staff

The bankruptcy of Lehman Brothers has sparked fear among IT workers in the City of London.

Lehman Brothers invested in IT despite credit crunch

Mon, 15 Sep 2008 13:51:00 GMT

In a tech driven industry, bank had little choice

Lehman Brothers was increasing its investment in IT even as it headed into bankruptcy.

Groupe Danone North America CIO Jeff Hutchinson on videoconferencing

Thu, 11 Sep 2008 10:00:00 GMT

Picturing the future today

We all have a tendency to only look directly at what we’re doing today, and not step back and say: “What do I, what does my company, need to be focusing on now, for the future?” Taking that step back is the step toward innovation and away from stagnation.