(Reuters) - The highest inflation for decades and the fallout from war in Ukraine have forced companies across Europe into layoffs or hiring freezes.
* AUTOLIV: the Swedish airbag and seatbelt maker said on June 8 it plans to cut around 8,000 jobs.
* VOLVO CAR: the automaker on May 4 announced 1,300 additional layoffs in Sweden, 6% of its workforce in the country.* ANHEUSER-BUSCH INBEV: the Dutch brewer will lay off hundreds of corporate staff in the U.S., CNN reported on July 27. * FISKARS: the Finnish gardening tools maker said on Sept. 13 it plans a reduction of some 400 jobs in a move to simplify its organiSational structure.
* SSAB: the Swedish steel maker said on Aug. 11 it would furlough workers at two plants in Finland. Negotiations with unions covered about 800 employees and the exact number of layoffs will depend on demand and local circumstances, it said. * NOKIA: the Finnish telecom equipment maker said on May 3 it plans to cut up to 208 jobs in Finland.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Factbox-What to watch at the Kim-Putin summit?By Guy Faulconbridge and Josh Smith MOSCOW/SEOUL (Reuters) - What should the world be looking for when North Korean leader Kim Jong Un meets Kremlin ...
Read more »
Factbox-What to watch at the Kim-Putin summit?By Guy Faulconbridge and Josh Smith MOSCOW/SEOUL (Reuters) - What should the world be looking for when North Korean leader Kim Jong Un meets Kremlin ...
Read more »
Factbox-US offshore wind projects facing inflation headwinds(Reuters) - The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt ...
Read more »
Factbox-US offshore wind projects facing inflation headwinds(Reuters) - The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt ...
Read more »
Factbox-Who is accompanying North Korea's Kim on trip to Russia?By Hyonhee Shin SEOUL (Reuters) - Top military commanders, arms industry officials and diplomats accompanied North Korean leader Kim Jong Un on his ...
Read more »
Factbox-Gasoline, diesel vehicles dominate India's auto market, EVs lagBy Aditi Shah and Dhwani Pandya MUMBAI (Reuters) - India's road transport minister on Tuesday warned local and foreign automakers to either cut ...
Read more »