It emerged last night that about 600 staff at Quinn Industrial Holdings on the Fermanagh/Cavan border have been laid off temporarily as a result of the coronavirus outbreak, with company directors taking a 50 per cent pay cut. The Irish economy will be the least impacted by the coronavirus pandemic, the Organisation for Economic Co-operation and Development (OECD) has said. In our personal finance feature this week, Joanne Hunt looks at ways to cut your budget to fit the financial realities of Covid-19. Cantillon argues that more and more public companies are going to have to follow the lead of AIB and hotel group Dalata by hosting their shareholder meetings online. Stay up to date with all our business news: sign up to our business news alerts and our Business Today daily email news digest.
Source: The Irish Times March 31, 2020 05:26 UTC