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Fri 11 Nov 2009Irish firms top survey for pay cuts and redundancies

IRISH COMPANIES are more willing to make redundancies and implement pay cuts to combat the global recession than their counterparts in Europe, the Middle East and Africa (EMEA), a new survey has found.

Commissioned by business consultancy firm Watson Wyatt, the October 2009 pulse survey details how the global recession has affected people management, business priorities and business plans at 700 companies across the EMEA region, including almost 100 from Ireland.

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