According to outplacement firm Challenger Gray & Christmas, May’s 13,419 reported job cuts are down 24% from April’s tally.
However the firm said the total 64,983 cuts made so far this year is already 60% higher than the total layoffs in the sector for all of 2000.
For the third month in a row most of the dot.com cuts came from Internet technology, or infrastructure companies. Consumer service companies were second-worst hit.
A year ago, the sector reported just 2,660 job cuts.