Economic downturn stories

Britain's organisations are being urged to tackle cloud waste before cutting jobs, as FinOps discipline and independent oversight could trim costs by up to 30%.

Fractional Chief Marketing Officers say brands must ditch blanket discounting, sharpen value messages and tailor offers as households split into two wallets.

KPMG survey finds most executives will keep pouring money into artificial intelligence through a recession, with USD $186 million planned on average next year.

Vero survey finds 63% of New Zealand SMEs saw revenue fall, with rising costs, tax changes and weak confidence weighing on smaller firms.

Entrepreneurs increasingly see AI as a tool for efficiency and cost-cutting, not a springboard to new markets or sustainability goals.

A security expert says NZ's retail crime 'wave' is overstated, blaming inflation and new reporting systems rather than a crime explosion.

Once a 400-store giant of CDs and DVDs, Sanity has shrunk to a regional chain as downloads, streaming and rising costs reshape retail.

As AI reshapes marketing teams, experts warn of a global redundancy wave-and argue human experience is now the industry's rarest asset.

Companies appointing women CFOs see a 10% boost in shareholder returns, linked to broader experience and strategic leadership, a new report reveals.

Lightspeed's Asia-Pacific MD Nicole Buisson says AI and smarter tech are vital for Aussie hospitality to tackle inflation, labour costs and changing consumer habits.

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

Auvik's latest trend report highlights a surging interest in Wi-Fi 7, cloud security, and 'cloud cost' amid a complex tech landscape.

IT professionals' mental health impacted by reduced cyber security budgets, Integrity360 survey shows.

Centrix partners with global data aggregator Envestnet | Yodlee to enhance financial data improving bank feeds for New Zealand. .

With the economy in a state of flux, a proactive, a high-performing Finance and Accounting team is the best asset an organisation can have.

Over a third of Australian companies have made lay-offs in the last year, according to a study by Capterra. Find out more here.

How can businesses navigate an economic downturn? Invest in compliance, marketing, R&D, and customer service, say experts.

New Zealand's economy is poised for a strong start in 2021, rebounding sharply from its COVID-induced recession. .

There are three main areas that IT leaders must focus on when striving to ensure business continuity is maintained during the pandemic.

Suddenly the ultimate disruption has blindsided us and much of what was purely aspirational has become urgent necessity.