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Factory job cuts in June neared financial crisis and Covid levels, S&P says

Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.

Factory job cuts in June neared financial crisis and Covid levels, S&P says

Factory job cuts in June neared financial crisis and Covid levels, S&P says

Published June 23, 2026 · Category: Finance

Overview

Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.

Source

Originally published at www.cnbc.com.

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