40% of SMEs reduced employment in last quarter

Trading conditions continue to be extremely difficult for SMEs, with 40% of companies employing less and 15% employing more, according to a report issued today.

Trading conditions continue to be extremely difficult for SMEs, with 40% of companies employing less and just 15% employing more, according to a report issued today.

This net 25% is up from the net 15% of companies who confirmed in ISME’s last quarterly trends survey that they have let people go.