Dotcom job deaths drop in May

But don't get too comfortable

The number of US dotcom job deaths dropped in May following a record month of cuts in April

This month 13,419 people got the bullet compared with 17,554 in April, a drop of 24 per cent.

The figures come from US recruitment firm Challenger, Gray and Christmas which has calculated that the number of job cuts is already 60 per cent higher than it was for all of 2000.

The May numbers may indicate a slowdown in layoffs, but the figures are still higher than for February when 12,828 got canned. ®

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