SME survey in Ireland – More negative feedback!!
Wednesday, July 8th, 2009
As many as 2/3 of organisations surveyed recently admitted that they will not survive next year unless there is a drastic change in the current economic conditions.
A recent survey by ISME indicated that many were pessimistic and that they did not see evidence of an upturn in the economy. Instead they faced into reduced orders and difficult accessing credit.
There were 600 companies surveyed and it is no surprise that the construction sector was the most pessimistic. Retail, distribution, manufacturing and services were not far behind though.
This news has a major impact on jobs in the sector with over 40% of those surveyed expecting to let staff go.
Certainly there was no evidence of “green shoots” from this ISME survey.
Measurability for expert career coaching and outplacement services in Ireland.
