Similarly, expectations for increasing headcount over the next 12 months have also weakened, dropping from 59% to 46% over the same period. Rising geopolitical tension, persistent inflationary pressures and slower global growth are forcing business leaders to become more conservative in their outlook for the next 12 months. Mr Shanahan added the challenges facing Irish firms were “compounded by domestic pressures", particularly rising energy and labour costs and the growing difficulty in hiring skilled talent. Firms are responding to global uncertainty by focusing on those levers that are within their direct control,” he said. Only 38% expect to increase their investment in sustainable initiatives over the next 12 months.

Source: Irish Examiner February 18, 2026 00:11 UTC