Red Hat trims workforce by 4%, spares sales and product roles

The company will cut nearly 800 administrative positions across all functions. CEO Matt Hicks attributed the cuts to a realignment of company investments.

By Matt Ashare • April 24, 2023

Citigroup technology expenses grow as it pushes transformation

The financial services company increased its IT spending, retired legacy platforms and invested in cloud-based solutions, CFO Mark Mason said.

By Matt Ashare • April 20, 2023

Amazon CEO underscores AWS pledge to help customers manage cloud spend

Optimization has replaced optimism in the cloud as rising interest rates and persistent inflation hamper revenue growth, an issue the cloud king promises it won’t ignore. 

By Matt Ashare • April 18, 2023

Inadequate data hurts ESG efforts in more ways than one

Companies struggle to measure sustainability gains, leading to an erosion of consumer trust.

By Matt Ashare • April 17, 2023

Wells Fargo prioritizes technology in leadership reshuffle

The bank’s head of technology, Saul Van Beurden, will take over as CEO of Consumer and Small Business Banking.

By Matt Ashare • April 14, 2023

T-Mobile shores up tech leadership, promotes 2 from within

Ulf Ewaldsson became president of technology at the telecom giant and John Saw was named CTO, CEO Mike Sievert announced Tuesday.

By Matt Ashare • April 13, 2023

Enterprise ESG aspirations hampered by budget constraints, lack of tools

Companies want to advance sustainability, according to a Google Cloud report, but have failed to commit sufficient resources.

By Matt Ashare • April 12, 2023

College graduates look beyond tech sector for employment opportunities

As layoffs and financial instability tear through Silicon Valley, technology-driven companies like Fidelity are capturing early career talent.

By Matt Ashare • April 11, 2023

The way companies project growth shapes the economic outlook. Here’s how to face the slowdown.

Companies can use the slowdown as an opportunity to implement cloud FinOps cost discipline and address the fundamental economics of their business, AWS Enterprise Strategist Mark Schwartz writes.

By Mark Schwartz • April 10, 2023

Tech hiring rebounds as employers added more positions in March

At 2.2%, the unemployment rate for tech positions remained unchanged from last month and well below the national unemployment rate, CompTIA found.

By Roberto Torres • April 7, 2023

Why VMware’s CIO thinks now is the time for IT spend scrutiny

Economic uncertainty represents an opportunity for CIOs to rationalize, prioritize and think about what really matters in their tech stack.

By Matt Ashare • April 6, 2023

Southwest Airlines targets more than IT in December meltdown analysis

Software updates to mitigate future incidents are part of a $1.3 billion IT investment push, the company said in a report published Thursday.

By Matt Ashare • April 4, 2023

Upskilling, reskilling central to competing for tech talent, survey finds

Leading organizations were more likely than their peers to put in place upskilling or reskilling initiatives, a report from NTT DATA found.

By Roberto Torres • April 4, 2023

The route to CIO: How companies are sourcing tech execs

With salaries rising and portfolios expanding, the stakes are higher than ever to find technology leaders.

By Matt Ashare • April 3, 2023

The increasing gender imbalance in technology won’t solve itself

Skillsoft research shows it's increasingly common for men to outnumber women in technology at least 4 to 1. Experts say more vigilance around diversity and inclusivity efforts is required. 

By Lindsey Wilkinson • March 31, 2023

Alibaba stands up cloud division in companywide restructure

The move may placate Chinese government authorities but is unlikely to threaten the dominance of hyperscalers AWS, Microsoft and Google Cloud, analysts said.

By Matt Ashare • March 29, 2023

Kimberly-Clark global tech exec moves to McCain Foods

Manoj Kumbhat will serve as chief technology and information officer at McCain Foods.

By Lindsey Wilkinson • March 27, 2023

Tech vendor risk raises vetting stakes in wake of SVB crisis

Deposits are safe, but tech startups may no longer have access to venture debt and the lines of credit that helped fuel innovation.

By Matt Ashare • March 27, 2023

Shopify expects productivity boost from meeting ban

Engineering, product and user experience teams should complete around 25% more projects by the end of 2023 compared to last year under the new policy.

By Lindsey Wilkinson • March 24, 2023

CIOs grapple with the fallout from rush to cloud: uncontrolled costs

Executives are coming to grips with the result of decentralized decisions, and leaning on FinOps to curb usage and spend, according to KPMG’s Will DeMille.

By Matt Ashare • March 22, 2023

How Whirlpool drives digital change in an uncertain economy

Transformation efforts at the company include supply chain improvements and scaling core digital products to driving top and bottom line growth.

By Lindsey Wilkinson • March 21, 2023

Women may be more likely to experience toxic workplace culture, even in the C-suite

This toxic culture gender gap widened during the pandemic, according to research published in MIT Sloan Management Review.

By Carolyn Crist • March 21, 2023

How CIO Monica Caldas keeps Liberty Mutual tech on track

“My conversation with my CEO has really centered around achieving what I call equilibrium between defensive and offensive priorities,” Caldas said during a CIO Dive Live event Wednesday.

By Matt Ashare • March 20, 2023

Former Tyson Foods CTO lands at Lennar

Scott Spradley will join the homebuilding company as its CTO starting April 3.

By Lindsey Wilkinson • March 17, 2023

Cybersecurity market confronts potential consequences of banking crisis

Bank seizures impose new challenges on vendors in every segment — and may spur consolidation.

By Matt Kapko • March 17, 2023