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Information Technology

All articles tagged with #information technology

Colorado’s state IT overhaul trims 173 jobs to speed up digital services
technology6 hours ago

Colorado’s state IT overhaul trims 173 jobs to speed up digital services

Colorado’s Governor’s Office of Information Technology announced a realignment that will lay off 173 employees (about 15% of the workforce) to create a leaner, product-oriented delivery model aimed at improving the state’s digital services. The cuts, expected to save roughly $4 million in year one and $8 million annually thereafter, follow sustained negative feedback from auditors and oversight bodies. The transition, led by Sarah Tuneberg as new director while outgoing chief David Edinger exits June 11, emphasizes closer, client-focused teams and faster decision-making; 98 new roles will be created to replace the laid-off positions as the agency shifts toward POD to deliver services like unemployment benefits, SNAP, and tax systems more efficiently.

GM cuts hundreds of IT jobs worldwide in tech-organization reshuffle
business15 days ago

GM cuts hundreds of IT jobs worldwide in tech-organization reshuffle

General Motors is laying off 500-600 IT workers globally, including in Michigan, as part of a reorganization to align the IT function with new skill requirements and reduce overlap. GM previously cut about 200 CAD engineers at its Warren tech center in Oct 2025, and says affected employees will be supported during the transition; Bloomberg was the first to report the layoffs.

GM trims hundreds of IT roles to reshape its tech footprint
business16 days ago

GM trims hundreds of IT roles to reshape its tech footprint

General Motors is laying off about 500-600 salaried IT workers, primarily in Austin, Texas and Warren, Michigan, as part of a broader workforce transformation to cut costs. The company confirmed the reductions but did not provide specifics and said it will support affected employees. GM continues to hire in IT, with openings in AI and autonomous-vehicle programs, and has previously laid off CAD engineers.

"Goldman Identifies Top 25 Stock Picking Opportunities in NYSEARCA:SPY"
finance2 years ago

"Goldman Identifies Top 25 Stock Picking Opportunities in NYSEARCA:SPY"

Goldman Sachs equity team identifies consumer discretionary and information technology sectors as offering the best stock picking opportunities based on dispersion, with high dispersion indicating a favorable environment for picking stocks. They highlight 25 stocks with the highest dispersion scores, including Monster Beverage, DexCom, and Akamai Technologies, among others, as potential opportunities for investors.

job-opportunities2 years ago

"Exploring Spring 2024 Pathways Vacancies"

NASA's Spring 2024 Pathways internship vacancies will open on February 26, 2024, offering opportunities in various fields such as business, engineering, mathematics, science, and information technology at different NASA centers. Undergraduate, graduate, and doctorate-level students can apply for roles in accounting, communication, human resources, engineering, mathematics, and information technology by identifying their preferred category and suitable majors. Application details for each opportunity are available on USAJOBS.

Federal Reserve Implements Staff Reductions After Years of Payroll Expansion
economy2 years ago

Federal Reserve Implements Staff Reductions After Years of Payroll Expansion

The U.S. Federal Reserve is cutting approximately 300 staff members from its payroll this year, marking a rare reduction in headcount for an organization that has steadily grown since 2010. The cuts primarily affect information technology jobs and positions related to payment processing systems, which are being consolidated. The reduction in staff is a combination of attrition and layoffs, and it is the first time budgeted headcount has fallen since 2010. The staff cuts come as the Fed faces losses on its operations and scrutiny from Republicans in Congress over its involvement in issues beyond its monetary policy and bank supervisory missions.

Leidos Secures $7.9B Army Contract for IT Support and Hardware
defense-technology2 years ago

Leidos Secures $7.9B Army Contract for IT Support and Hardware

Leidos has secured a contract worth up to $7.9 billion to provide the US Army with information technology equipment, including servers and workstations. The Common Hardware Systems 6th Generation contract allows for the procurement of commercial off-the-shelf products for the Army and other organizations. Leidos plans to utilize its Intelligent Logistics Platform to ensure rapid fulfillment and resilience in the supply chain. The contract could run for a decade, and Leidos is expected to acquire between 75,000 to 100,000 pieces of hardware annually.

Quantum light manipulation enables record-breaking optical switching and beam-steering.
technology3 years ago

Quantum light manipulation enables record-breaking optical switching and beam-steering.

Researchers at the University of Arizona have published an article in Science Advances discussing the use of light-based optical computing to develop ultrafast electronics. The team used all-optical switching of a light signal on and off to reach data transfer speeds exceeding a petahertz, measured at the attosecond time scale. This new advancement would allow the encoding of data on ultrafast laser pulses, increasing the data transfer speed and opening a new realm of information technology.