IBEC: More than 25% of firms plan to raise staff levels

A new report published this morning by the business group IBEC shows that Irish companies are well-placed to withstand the current global economic downturn.

Over a quarter of the 400 companies surveyed said they plan to increase staff numbers in the next three months, while just over half said they have no plans to change current staff levels.

Companies in medical devices and hospitality have the most positive outlooks, while retailers are feeling less confident about the coming months.