April is record dotcom job death month
Up 84 per cent in US to 17,554
Posted in e-Business, 30th April 2001 10:16 GMT
Free whitepaper – Enabling Datacenter and Cloud Service Management for Mid-Tier Enterprises
April was a record month for dotcom job losses.
In the US, 17,554 Net workers got canned this month. The previous record was back in January when 12,828 workers got shown the door.
The figures come from US recruitment firm Challenger, Gray and Christmas. It seems to have ruled out anyone losing their job today, probably because Friday is the best day for lay-offs, so if you kept your job through 27 April, you'll probably be a May statistic.
The dotcom job culling had been in decline through February and March, but leaped 84 per cent in April. The total number of jobs lost since the start of 2001 is 51,564. Internet technology firms and financial services operations were the sectors with the most job casualties. ®
Related Story
Free whitepaper – Enabling Datacenter and Cloud Service Management for Mid-Tier Enterprises
Enabling Datacenter and Cloud Service Management for Mid-Tier Enterprises
Office 365 in the real world
The Register guide to hosted apps
Register Research on: Application Platforms
Linux on the Desktop
