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FACTBOX-European companies cut jobs as economy sputters (Nov. 3)

News Snapshot:

The highest inflation for decades and the impact of war in Ukraine have forced companies across Europe into layoffs or hiring freezes. Here are some of the companies that have announced cuts since April: AUTOS * AUTOLIV: the Swedish airbag and seatbelt maker said on June 8 it plans to cut around 8,000 jobs. On Oct. 30 it decided to lay-off 320 employees in France as part of the plan. * CONTINENTAL: the automotive parts supplier plans to phase out business activities at its Gifhorn plant by the end of 2027, initially affecting 450 out of 900 jobs at the…

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