Although the first quarter was rough on Wall Street - an estimated 40,000 people were laid off, and Citigroup, for instance, announced that it would cut 20 percent of its operating costs after recording a $2 billion loss - at least a few technology leaders at major financial institutions are finding that, so far, IT organizations and their respective budgetsrnare weathering the storm. According to experts, technology has become too important to the business to eviscerate (or so IT professionals hope).
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