One in three Irish businesses considering reducing staff amid uncertain economic outlook

The survey found economic slowdown was seen as the top risk facing companies, followed by inflation and the failure to attract or retain high quality talent.

Half of all Irish businesses are considering reducing costs, while one in three may reduce headcount due to the difficulties operating in the current economic climate, a new survey suggests.

The survey by professional services firm Aon also showed 52% of business believe rising energy prices will hinder their company’s ability to grow within the next six months.