Planned Job Cuts Up in May

New York, NY, June 3--Planned layoffs in the United States jumped 42 percent in May from April, led by hefty job cuts in the computer industry, a report said. The outplacement firm Challenger, Gray & Christmas Inc. said employers announced 82,283 job cuts in May, up from 57,861 in April, and up 12 percent from May 2004.