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.

Jun 23, 2026 2

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.
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