Job cuts in June slump to 48,786, down 24% from May – Challenger

cutting jobs

MarsBars/E+ via Getty Images

U.S. employers announced 48,786 job cuts in June, which was down 23.6% from May, according to the monthly survey from Challenger, Gray & Christmas.

But June layoffs were up 19.8% from the year-ago period.

Job cuts saw the highest June