ISME warns 100,000 jobs under threat

SMALL and medium Irish companies’ sales have fallen by an average of 15% this year putting pressure on the future of 100,000 jobs if the trend is maintained, ISME warned last night.

ISME, (Irish Small and Medium Enterprises Association) chief executive Mark Fielding said their summer business trends survey found that 44% of the association’s 3,500 member companies saw sales fall with just 29% reporting increase sales

“The most worrying aspect of the survey is that there has been a dramatic increase in the number of companies outlining that their turnover is less than at the same time last year.