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Tue 12 Dec 2009Most Irish firms cut payroll by 11% - survey
SEVENTY PER cent of companies in Ireland reduced payroll by an average of 11 per cent in 2009, but the vast majority did not cut salaries, a new survey by Mercer has found.
More than 100 companies from the multinational and large corporate sector were interviewed for the study, which looked at cost-managing measures undertaken by companies in 2009.
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