Report: Dot-com job cuts top 1,000 for second month By LINDA ROSENCRANCE AUGUST 27, 2002 Outplacement firm Challenger, Gray and Christmas Inc. said dot-com job cuts exceeded 1,000 for the second month in a row. In August, dot-com companies announced plans to cut 1,193 jobs, just 557 fewer than the 1,750 cuts announced in July, according to Chicago-based Challenger, which tracks job cut announcements daily. Challenger said it was the first time this year that dot-com job cuts topped 1,000 for two consecutive months. Still, the August figure was 76% lower than the 4,899 job cuts recorded in the same...
