Florida had the third highest layoffs since the start of the year, ranking behind California and New York, the South Florida Business Journal reports.
Companies in Florida reported layoffs of 12,767 in the first five months of 2014, 65 percent of them taking place in May.
Across the nation, job cuts climbed to the highest level in more than a year, as U.S-based employers announced plans to cut payrolls by 52,961 in May, according to Thursday’s report by Challenger, Gray & Christmas, a global outplacement consultancy firm.
The heaviest downsizing in May occurred in the technology, where computer firms announced plans to cut payrolls by 18,799. This was followed by the transportation, health care/products, and government sectors.
