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Surveys: CIOs, CFOs to hold back on hiring

September 01, 2009
Staffing Industry Analysts North American Daily News

Chief information officers and chief financial officers plan to hold back on hiring in the fourth quarter, according to a pair of surveys released today by Robert Half International Inc. (NYSE: RHI).

The firm's survey of CIOs found that 6% plan to expand their information technology teams in the fourth quarter and 6% plan to cut staff for a net increase of zero. In the third quarter, CIOs had estimated a net increase of 2%.

Another survey found that 4% of CFOs plan to add finance and accounting staff in the fourth quarter while 10% forecast cuts for a net decrease of 6%. This compares with a forecast net decrease of 3% for the third quarter.

The surveys questioned more than 1,400 CIOs and more than 1,400 CFOs across the U.S.