PricewaterhouseCoopers (PwC) recently stated that the economy of RI is expected to deteriorate in 2009 more than any other country in the eurozone. PricewaterhouseCoopers is a leading consulting firm in the world. It was established in 1998 after Price Waterhouse and Coopers & Lybrand merged. The company reported that for the first time in twenty-five years, Ireland’s economy shrank in the previous year. RI’s economic growth rate in 2007 was 6 percent but is widely forecast to contract to 4.1 percent this year.   According ... Read More

  Mass layoffs will most likely take place within this week as Irish authorities failed to offer a proposal on retaining Dell’s Limerick manufacturing jobs. Last week, reports stated that some Irish authorities are already negotiating to save Dell employees from losing their jobs. As there are still no actions done at the moment, a large scale layoff is understood to be on its way. Up to 2000 employees of the US computer-making company will be sent home jobless as early as this ... Read More