June 8 (Reuters) - Decades-high inflation and fallout from the Ukraine crisis have pressured many companies to consider laying off people or freezing hiring. Last Friday, Elon Musk said he has a "super bad feeling" about the economy and plans to cut Tesla's workforce by about 10%, according to an internal email seen by Reuters. Musk backtracked on Saturday and said the electric-vehicle maker's total headcount will increase over the next 12 months, but the number of salaried staff should be little changed. Following is a list of some other companies that have announced layoffs or frozen hiring to rein in costs: COMPANIES COMMENTS Alibaba Group China's Alibaba might 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. Cazoo Group European online car retailer Cazoo said it would cut its workforce by about Ltd 15% as it looks to conserve cash. Carvana Co Carvana said it will lay off about 2,500 employees, or 12% of its workforce. Coinbase Coinbase will extend its hiring freeze for the foreseeable future and rescind Global Inc a number of accepted offers to deal with current macroeconomic conditions. Getir Turkey's Getir is planning to cut 14% of its staff globally due to rising global inflation and costs, a source with knowledge of the matter told Reuters on May 25. Gorillas German grocery app Gorillas will lay off 300 people, cutting its administrative staff in half, Chief Executive Kagan Sumer said on May 24. Henkel AG & Germany's Henkel, the company behind Schwarzkopf, said on May 5 it would cut Co KGaA about 2,000 positions due to low demand of its shampoos and hair spray, as well as rising costs and global supply chain issues. Klarna Swedish company Klarna said on May 23 it was slashing 10% of its 7,000 strong workforce as a consequence of a recent steep increase in inflation, fear of a recession and the war in Ukraine worsening business sentiment. Lyft Inc The company said in May it will slow down hiring and assess budget cuts in some departments. Meta Facebook parent Meta said in May it will slow the growth of its workforce. Platforms Inc Move About Sweden's Move About Group said on May 20 it would cut 17 out of 40 positions Group AB due to indirect effects of the war in Ukraine and an excessive cost base. Netflix Netflix in May said it has laid off about 150 people, mostly in the U.S., as the streaming service company faces slowing growth. Peloton Peloton in February said it will cut about 2,800 corporate jobs as it looks to Interactive revitalize sagging sales. Inc Robinhood The retail trading platform said in April it is laying off about 9% of its Markets Inc full-time employees. Snap Inc CEO Evan Spiegel in May told employees the company will slow hiring for this year. Tencent Chinese company Tencent is struggling to cope with the slowing economy, and Holdings might cut between 10-15% of its total workforce this year. Twitter Inc CEO Parag Agrawal said in a memo that the social media company will pause hiring and review existing job offers to determine whether any "should be pulled back". Uber Uber will scale back hiring and reduce expenditure on its marketing and Technologies incentive activities, Reuters reported in May, citing a letter from the Inc CEO. Valmet Oyj Valmet said on May 23 it was in negotiations for temporary layoffs of up to three months, with about 340 employees part of the talks at its valve factory in Helsinki due to reduced orders caused by the war in Ukraine and COVID-19 restrictions in China. Source: Regulatory filings, Reuters stories, company websites (Reporting by Tiyashi Datta in Bengaluru and Louise Breusch Rasmussen, Marie Mannes and Agata Rybska; Editing by Sweta Singh, Devika Syamnath and Maju Samuel)
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- From Meta to Peloton, companies slow hiring as economy sputters