Who would think Ireland would be hit so hard with reccesion? Everyone hoped it wouldn't touch us...... Please come back to my blog to follow recession news in Ireland and around the world.

Tuesday, February 24, 2009

Half of firms have laid off staff since October

Here we go some news I found today:

"Half of Irish companies have had to lay-off workers since October, according to a survey conducted by KBC Bank. The bank says just 10% of firms have hired workers in the past three months, while two-thirds say trading activity is down." News from Independent

Every family I know, has a family member who was laid off or has working hours cut to the minimum.... Many people are leaving Ireland to go Australia. I have never seen so many advertisements about Australian Visas/Work. What is next?

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