Redundancies on the cards for 20pc of firms

A FIFTH of companies said they are likely to make people redundant in the next year, according to a new survey.

And competition for jobs is heating up as more than half of employers have said there has been a huge increase in the amount of CVs being sent to them in the first six months of the year.

The current climate will make it especially difficult for new graduates to find jobs, according to recruitment agency urHired and market research company Focus One.

http://www.independent.ie/business/irish/redundancies-on-the-cards-for--20pc-of-firms-1476808.html