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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (164658)5/8/2002 3:19:04 PM
From: Roads End  Read Replies (3) of 436258
 
Earlie, as you know I work in a F 500 IT department. In the last several months we were bought out by larger F 500 company. The directive we have over the next year is to reduce the combined IT budget 50%. That is visibility and reality. -g- FWIW the average IT spending by F 500 companies amounts to 2.5 % of gross sales. Expect that to drop to the 1.5% level before this is done.
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