Remove 2024 Remove Reporting Remove Strategy Remove Uncertainty
article thumbnail

Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. In 2024 alone, 168 tech companies have collectively laid off 42,324 employees. These actions resulted in a reduction in overall headcount. Fourth quarter revenue was down 11 percent year on year.

article thumbnail

Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Generative AI sparks family business renaissance: PwC report

CIO Business Intelligence

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The survey findings too echoed Hinojosa’s sentiment.

Reporting 105
article thumbnail

15 ways to grow as an IT leader in 2024

CIO Business Intelligence

As workers at all levels put together their development plans for 2024, IT leaders, recruiters, researchers, and advisors share here what actions CIOs can take to advance their careers if they want to embrace a growth mindset. Make 2024 the year to change that. He says to do otherwise would risk being left behind. “AI

IT 131
article thumbnail

IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.

IT 98
article thumbnail

Atos CEO Yves Bernaert quits over governance differences

CIO Business Intelligence

Bernaert cited differences of opinion over governance as the reason for his departure: He disagreed with the board about the need for recent changes in the company’s strategy, and the way they were executed. It had previously reported revenue of €11.3 billion and free cash flow of negative €197 million for the full year 2022.

article thumbnail

Certinia uses AI to accelerate finance functions for service companies

CIO Business Intelligence

Certinia, a developer of software for service businesses, is using AI and automation to extend the capabilities of its tools for report-building or planning and analysis beyond the financial sphere and into operations, too. The new features appear in the Winter 2024 release of its applications, generally available from today.

Finance 101