US tech sector reports higher job cuts in May
The overall layoffs in the US fell 14.7% in May from April
By Yashasvini Razdan
Published - Jun 02, 2022, 05:22 PM ET
Last Updated - Jun 07, 2024, 04:12 AM EDT
• The overall layoffs in the US fell 14.7% in May from April
Job cuts in the US tech sector jumped in May with 4,044 job cuts, up from the 459 between January and April.
The overall layoffs in the US, however, reported by global outplacement firm Challenger, Gray & Christmas on Thursday, fell 14.7% in May from April.
