European companies cut jobs as economy sputters

Oct 18 - The highest inflation for decades and the fallout from war in Ukraine have forced companies across Europe into layoffs or hiring freezes.AUTOS * AUTOLIV : the Swedish airbag and seatbelt maker said on June 8 it plans to cut around 8,000 jobs.

FOOD, RETAIL AND CONSUMER GOODS * ANHEUSER-BUSCH INBEV : the Dutch brewer will lay off hundreds of corporate staff in the U.S., CNN reported on July 27. * WILCO: administrators of British homeware and household goods discount retailer plan to lay off over 1,300 people at the collapsed chain, PwC said on Sept 5.

* VARTA : the German battery maker said on June 30 it would cut 88 jobs through a volunteer programme. * VIRGIN MEDIA: the British mobile operator is planning to lay off 2,000 employees, the Telegraph reported on July 24.

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