SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Justa Werkenstiff who wrote (14295)6/7/2000 5:59:00 PM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
US corporate layoffs 27 pct lower in May-Challenger


NEW YORK, June 6 (Reuters) - U.S. corporations cut 27,036 jobs, 27 percent fewer in May than in April, the international outplacement firm Challenger, Gray & Christmas reported on Tuesday.

in its monthly job-cuts report, the firm said the May figure marked the lowest level of corporate downsizing since last fall. The May 2000 figure is 51 percent below the May 1999 number.

The May figure is just the second time in 17 months that job cut fell below 30,000.

In a statement released by the firm, John Challenger, chief executive officer of Challenger, Gray and Christmas, said "the labor shortage has reached a point where the President should call a labor summit to review all of the possibilities to solve what some industries see as a crisis situation."

Challenger suggested that should the labor shortage continue unchecked, America's competitive advantage in the global economy could be at risk.

11:09 06-06-00
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News