Aug. 5 - IT jobs contract again in July | Big tech banks on AI boom

Tech unemployment rate fell in July, but so did the number of IT jobs; Mondelēz embarks on a $1.2B ERP, supply chain overhaul [View online]( | [Signup]( [CIO Dive]( Daily Dive Aug. 5, 2024 | Today’s news and insights for tech leaders [Big tech banks on AI boom as infrastructure spending heads for trillion-dollar mark]( “While we're investing a significant amount in the AI space and in infrastructure, we would like to have more capacity than we already have today,” Amazon CEO Andy Jassy said. --------------------------------------------------------------- [Tech unemployment rate fell in July, but so did the number of IT jobs]( IT occupations across the economy contracted by 14,000 last month, a CompTIA review of U.S. Bureau of Labor Statistics data found. --------------------------------------------------------------- [Mondelēz embarks on a $1.2B ERP, supply chain overhaul]( The food and snack company plans to carry out the project over the next four years in partnership with SAP, Accenture and o9. --------------------------------------------------------------- Sponsored Content by CIO Dive’s studioID [Innovative ways software leaders are powering growth]( Today, treating payments as just another software feature is a missed opportunity for significant growth and customer acquisition. Learn how the right strategy can lead to competitive advantages in [this playbook.]( --------------------------------------------------------------- [Read more news]( Featured Resources Sponsored Content by Conga --------------------------------------------------------------- Insights for Optimizing Your Business in 2024 - [[Buyers Guide] MGI Research Top 35]( - [[Grid Report] CRM Document Generation]( - [[Blog] 9 Signs for CPQ]( From Our Library --------------------------------------------------------------- Playbook [Accelerate Drug Discovery and Foster Data Science Innovation in Life Sciences]( Custom content for Domino Data Lab --------------------------------------------------------------- Webinar - on demand [How Shipment Visibility Boosts CX and Controls Costs]( Custom content for Tive --------------------------------------------------------------- Webinar - on demand [Gen AI in Action: Building Blocks for Driving Enterprise-Wide Transformation]( Custom content for EXL --------------------------------------------------------------- Webinar - on demand [Driving Efficient Software Spend: How Smart Organizations Beat Sprawl and Maximize SaaS Value]( Custom content for BetterCloud --------------------------------------------------------------- [View all resources]( What We’re Reading --------------------------------------------------------------- The Wall Street Journal [AI Is Learning to Predict the Weather]( --------------------------------------------------------------- The Register [50 years ago, CP/M started the microcomputer revolution]( --------------------------------------------------------------- The Verge [Intel is laying off over 15,000 employees and will stop ‘non-essential work’]( [Suggest a story we should read]( Upcoming Event --------------------------------------------------------------- 14 AUG Virtual Event | 2 p.m. ET [When the Bill Comes Due: How to Keep IT Costs in Check]( Presented by CIO Dive Dive Into a Topic --------------------------------------------------------------- [IT Strategy]( [Cloud]( [Security]( [Big Data]( [AI & Future Tech]( [Software]( [Leadership]( Share CIO Dive: Daily Dive and [get rewarded](. You’ve referred 0/10 readers. Share your link: [ More Than A Newsletter --------------------------------------------------------------- Related Publications [Cybersecurity Dive]( Connect With Us [X/Twitter]( | [Facebook]( | [LinkedIn]( Editorial [Contact an editor]( | [Meet the team]( Advertising [Contact our team]( About CIO Dive CIO Dive provides in-depth journalism and insight into the most impactful news and trends shaping IT. The newsletters and website cover topics such as IT strategy, infrastructure, software, security, big data, and more. CIO Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 14 million decision makers in competitive industries. [Sign up for the newsletter]( --------------------------------------------------------------- This email is optimized for display on mobile phones. CIO Dive: Daily Dive is a product of [Industry Dive, Inc.]( 1100 15th Street NW, 4th Floor - (Suite 178), Washington, DC 20005. We value your privacy. We won’t share your email address with anyone else without your permission. This message was sent to {EMAIL}. You can [unsubscribe]( or [switch to a weekly newsletter subscription]( anytime. See our full [privacy policy](. [Sign up]( | [Manage subscription]( | [Advertise with us]( | [Submit story tip]( [informa logo]