A new snap survey of its 3,000 members by the Institute of Directors in Ireland (IoD) found that fewer than one in eight business leaders believe all staff will be back in their companies' workspaces once the lockdown ends. However, 23pc of business leaders say they are making redundancies (12pc) or reducing hours (11pc). With working from home now moving into the mainstream, 31pc of business leaders are either planning to downsize their office or commercial space or have it under consideration. She also called on the Government for continued business support measures in the period after the lockdown. Business leaders also overwhelmingly believe that a recession is imminent but that it will be short-term.

Source: Irish Independent June 18, 2020 01:30 UTC