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Technology Spending On The Rise

securitas writes "After the technology industry's so-called nuclear winter that has resulted in thousands of lost jobs over the last three years, the New York Times' Steve Lohr reports that technology spending is finally increasing (Google / mirror). Much of the investment in hardware and software is spurred by the natural corporate replacement cycle, but the positive change offers a glimmer of hope for techies everywhere. IBM CEO Sam Palmisano says that IBM plans 'to add 10,000 workers in fields of emerging demand over the next year.' Based on IBM's current Linux advertising campaign and market projections, this will probably mean hiring staff who are knowledgeable about Linux and open source software. Is this just a blip as some analysts believe, or is it the beginnings of a resurgence for the technology sector?"

5 of 355 comments (clear)

  1. Zug Zug by hydem0 · · Score: -1, Troll

    More troops for the SCO to battle, YEEHAWW, bring em on!

  2. ME CHINESE ME SOUND DUMB by Anonymous Coward · · Score: -1, Troll

    me have penis up my bum

  3. How many of those jobs are overseas? by Anonymous Coward · · Score: 0, Troll

    More IT activity doesn't do us any good when much of it is shipped off to India by shortsighted and unethical management.

    The last company I worked for sent IT jobs to India to increase management bonuses. So much for an upturn.

  4. Re:General Economy Resurgence by Anonymous Coward · · Score: -1, Troll

    Poverty rose for the second year in a row! hey hey! ho ho!

    G. W. Bush has got to go! hey hey! ho ho!

    Offshoring costs jobs and G.W. says so (what?)! hey hey! ho ho!

    G. W. Bush has got to go! hey hey! ho ho!

    The "middle class" tax cuts gave me a buck and some cents! hey hey! ho ho!

    G. W. Bush has got to go! hey hey! ho ho!

    and so on!

    ---

    "Daddy, why is there no Christmas?", says the little American girl.

    "Because some CEO needed a new car and had to send my job to India, sweetie.", said Daddy.

    --

    "Daddy, why do we have to move? I like it here and all my friends are here!", says the little American boy.

    "Son, we have to move back with Grandma and Grandpa because the bank is taking our house.", said Daddy.

    "Why?", said the little boy.

    "Because ever since that little prick of a CEO sent my job to India and made me train my replacement, we can't pay the bills", said Daddy.

    "Fuck corporate America", said the little boy.

    "Son, you shouldn't use such words, but my feelings exactly!", said Daddy.

    ---

    Dean in 2004! Fuck everyone who offshores American jobs and those in government who let it happen - may you burn in hell, forever reminded of the families YOU improverished.

  5. Re: General Economy Resurgence by RickHunter · · Score: 1, Troll

    AND didn't the White House just finish doing a number on Veteran's Comp? So while all these servicemen are hauling down the bonuses and helping the economy keep its head above water for now, think about what's going to happen when the quagmire's over and they're back home and on veteran's comp.

    Now add that to the Bush administration's off-the-charts deficit spending.

    Sounds like quite a mess for the next person to take office, isn't it?