July 18 - Citi pours $3B into tech | Summer crop of new CIOs

Citi pours $3B into tech modernization, adds 7K IT jobs; Can AI make better hires? Maybe, experts say [View online]( | [Signup]( | [Forward]( [CIO Dive]( Daily Dive July 18, 2023 | Today’s news and insights for tech leaders [CIO Dive’s studioID]( BROUGHT TO YOU BY — CIO Dive’s studioID [Protecting Data in a Multi-cloud Environment]( As business reliance on cloud services increases, so does complexity. Learn key areas for hybrid and multi-cloud data protection and best practices in this on-demand webinar: [Watch now.]( Welcome --------------------------------------------------------------- Welcome to today's edition of CIO Dive. This free newsletter is a benefit of your membership with the Informa events community. More than 2.6 million business leaders rely on our newsletters for industry news and insights every day. Here are a few subscription options: - We have 20+ other business newsletters. [Explore them here](link.diveto.net/join/3qu/global-signup). - Nothing for you in this list? [Click here]( to be removed from CIO Dive but stay up to date when we launch into more industries. - Not interested in anything? [Unsubscribe from all](. Keep reading to learn more from our award-winning journalists. If you like what you see, [click here]( to hide this message in future newsletters. [CIOs are changing jobs midyear: What’s behind the timing?]( Discover, Kellogg and Ingersoll Rand named new CIOs in July, giving incoming executives a chance to shape next year's strategy. --------------------------------------------------------------- [Citi pours $3B into tech modernization, adds 7K IT jobs]( The company shifted spend from third-party consultants to full-time technologists amid digital transformation, CFO Mark Mason said during a Q2 earnings call. --------------------------------------------------------------- [Can AI make better hires? Maybe, experts say]( AI can improve work, according to a report from The Josh Bersin Company. The utility of AI in hiring, however, is up for debate. --------------------------------------------------------------- Sponsored Content by Cisco Meraki [Hybrid work, unified experiences and the road to simplified security management]( According to Gartner, 39% of global knowledge workers will be hybrid by the end of 2023, with only 9% remaining fully remote. --------------------------------------------------------------- [Read more news]( From Our Library --------------------------------------------------------------- Webinar - on demand [A New Architecture to Manage Data Costs and Complexity]( Custom content for Starburst Data --------------------------------------------------------------- Trendline [How digital twins are enhancing manufacturing]( Supported by Syndigo --------------------------------------------------------------- Trendline [How CISOs are securing the cloud]( Supported by BDO --------------------------------------------------------------- Trendline [The latest data & technology powering smart cities]( Supported by Red Hat --------------------------------------------------------------- Playbook [The CFO’s Guide to Sustained Success]( Custom content for Systems Accountants --------------------------------------------------------------- [View all resources]( What We’re Reading --------------------------------------------------------------- Business Insider [Gen Z Career Crisis: Bad Managers Replacing Young Workers Jobs With AI]( --------------------------------------------------------------- Financial Times [Microsoft to face EU competition probe over Teams and Office bundling]( --------------------------------------------------------------- ZDNET [This new AI tool transforms your doodles into high-quality images]( --------------------------------------------------------------- Hotel Dive [Wyndham CIO on how mobile tipping can boost guest, employee satisfaction]( [Suggest a story we should read]( Dive Into a Topic --------------------------------------------------------------- [IT Strategy]( [Cloud]( [Security]( [Big Data]( [AI & Future Tech]( [Software]( [Leadership]( Share CIO Dive: Daily Dive and [get rewarded](. 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