Tech layoff numbers down 33%

Compared to Q1 2005 layoff numbers, 33% fewer tech employees were laid off in Q2 2005, Challenger, Gray & Christmas says. Companies in the telecommunications, computer, electronics and e-commerce industries announced 39,720 job cuts in Q2 2005, down from 59,537 job cuts in Q1 2005.

Compared to Q1 2005 layoff numbers, 33% fewer tech employees were laid off in Q2 2005, Challenger, Gray & Christmas says. Companies in the telecommunications, computer, electronics and e-commerce industries announced 39,720 job cuts in Q2 2005, down from 59,537 job cuts in Q1 2005.