IT jobs at risk in 2009?

According to a recent survey by Goldman, Sachs & Co., the IT industry is feeling the effects of a slow economy. Going into 2009, staff cuts are likely, with contract workers feeling the brunt of the cuts.

A second survey indicated that IT spending will also decrease. CIOs want to stick with tried and proven methods over new technologies and ideas. They are looking for a fast and high ROI from their purchases.

How else will the slow economy affect the IT industry in 2009? Read the full story on CIO.com>>.