Two thirds of construction companies laid off staff

  • 📰 rtenews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

Construction professionals believe it will be at least 12 months before the sector returns to pre-pandemic levels

That's according to a survey of over 350 industry participants by the Construction Industry Federation.

The survey found that around two thirds of participants had been forced to lay off staff either temporarily or permanently. Half of organisations said they had availed of government grants with eight in ten of those availing of the wage subsidy scheme.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Will all construction sites open on the 18th e.g. apartments,houses... or just outdoor construction?

No chance. Numerous buildings around Dublin won't even be finished. Who will want them anyway?

A good time for government to go into the business of infrastructure repair. We don't have to build, build, build, build.. LeoVaradkar

RTEisnotessential

Covid1984 Orwell 2020

How about 12 years!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines