No Deep Cuts for IT Spending Seen in 2009

Despite a troublesome economy, IT staff and executive positions are safe for now, according to a market study released on Wednesday. That's one of the conclusions of a Computer Economics study, which surveyed 159 North American IT organizations in October.

The Irvine, Calif.-based research firm found that "IT executives are not anticipating deep cuts in IT operational spending or staffing levels" in 2009. Organizations currently are focused on retaining their employees, according to the report, "Outlook for 2009 IT Spending and Staffing Levels." However, some respondents (35 percent) are reducing spending in areas such as travel, training, filling open positions, and initiating major planned projects.

It could be worse, according to the report's executive summary. "More IT organizations are cutting IT spending this quarter than was the case earlier this year, but the cost-cutting is not nearly as draconian as one might assume by reading the business news headlines."