High inflation for decades and the fallout from the Ukraine crisis have caused many companies around the world to consider laying off or freezing hiring.

Here’s a list of companies that have announced layoffs or frozen hiring to contain costs:

Alibaba Group China could cut more than 15% of its total workforce, or about 39,000 employees, due to a sweeping regulatory crackdown in China, as well as slowing sales growth and rising prices.

Autoliv Inc., the world’s largest producer of airbags and seatbelts, said it was cutting its workforce to cut costs and adjust to new business conditions, but did not specify the number.

Air France, France’s flagship carrier, is in talks to cut nearly 300 ground staff positions through voluntary departures, with negotiations expected to be finalized by the end of July, Le Figaro newspaper reported.

European online car retailer Cazoo Group Ltd. said it would cut its workforce by about 15% in a bid to save money.

Carvana Co. said it would lay off about 2,500 employees, or 12% of its workforce.

Global Coinbase will extend its hiring freeze for the foreseeable future and Inc will cancel a number of accepted offers to address current macro conditions.

Real estate brokerage Compass Inc. will lay off 450 employees, about 10% of its current workforce, as borrowing costs and inflationary pressures rise.

The Brazilian company Ebanx Ltd. laid off about 20% of its staff, or 340 employees.

Turkish company Getir plans to cut 14% of its global workforce due to rising inflation and global costs, a source with knowledge of the matter told Reuters.

German grocery app Gorillas is to lay off 300 people, halving its administrative staff.

Germany’s Henkel AG & Co., the company behind Schwarzkopf, will cut around 2,000 KGaA positions due to weak demand for its shampoos and hair sprays, as well as rising costs and supply chain issues. global supply.

Drugmaker Heron plans to cut its workforce by 34% as part of a Therapeutics cost-cutting and restructuring plan, with around 70% of layoffs expected to affect research and development staff.

Intel Corp. froze hiring in the PC chip division, according to a memo reviewed by Reuters.

The memo says some hiring could resume in as little as two weeks after the division reevaluates priorities and all current job openings in its systems are honored.

Sweden’s Klarna is cutting 10% of its 7,000 employees due to a recent sharp rise in inflation, fears of a recession and the war in Ukraine which is worsening the business climate.

Lyft Inc. said in May it would slow hiring and assess budget cuts in some departments.

Facebook-based Meta Platforms owner Meta has cut plans to hire engineers by at least 30% this year, Inc. cutting its goal to around 6,000 to 7,000 new engineers in 2022, the CEO says Mark Zuckerberg to employees on June 30.

Swedish group Move About will cut 17 out of 40 positions due to the indirect AB effects of the war in Ukraine and an excessive cost base.

Netflix said in May it laid off about 150 people, mostly in the United States, as the streaming service company faces slowing growth.

Australian buy-it-now, pay-later company Openpay Group will significantly reduce its US workforce after shutting down operations in the country.

Peloton announced in February that it would cut around 2,800 corporate jobs as Interactive Inc. appears to be reviving slumping sales.

Redfin has laid off 6% of its workforce, or 470 employees, and will continue with company cuts until the end of June after demand in May fell short of expectations.

Retail platform Robinhood announced in April that it was laying off about 9% of its full-time Markets Inc. employees.

Snap Inc. CEO Evan Spiegel told employees in May that the company would slow hiring this year.

Stellantis Automaker Stellantis has laid off an indefinite number of employees at its Michigan stamping plant indefinitely to mitigate the impacts of various supply chain issues.

Tencent Holdings Chinese company Tencent is struggling to weather the slowing economy and could cut 10-15% of its total workforce this year.

Tesla Elon Musk said on June 21 that the electric car maker would cut its salaried workforce by 10% over three months, as he predicted a U.S. recession was more likely than not.

Twitter Inc. CEO Parag Agrawal said in a memo that the social media company would suspend hiring and review existing job postings to determine if any “should be taken down.”

Uber will cut hiring and cut spending on its Technologies Inc marketing and incentive business, Reuters reported in May, citing a letter from the CEO.

Unity Software, which makes video game and animation software, announced on June 30 that it would lay off 4% of its workforce.

Warner Bros Warner Bros Discovery is aiming to cut 30% of its advertising workforce, or around 1,000 jobs worldwide for Discovery Inc.

Valmet Oyj said in May it was in negotiations for temporary layoffs of up to three months, with around 340 employees taking part in talks at its valve plant in Helsinki due to reduced orders caused by the war in Ukraine and COVID-19 restrictions in China.

Source: Regulatory filings, Reuters articles, company websites

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