January Newsletter 2023

Jan 30, 2023


January 2023 Newsletter – We hope you’re ready for Feb 14th?

Hello 2023, what do you have in store for us?

Firstly, Happy New Year from PeopleSource and our best wishes for a happy and successful year. What kind of a year will 2023 be? 
For starters, we have a bank holiday next week! The tech sector is taking a hit with TikTok, Spotify, SAP & IBM the latest in a long line to announce significant layoffs globally. We find ourselves wondering here if, somewhere in these companies, there were accountants saying “we’re growing too fast, these decisions are not reflective in the numbers”! Let’s hope everybody affected finds a new role in the coming weeks. We haven’t noticed many redundancies in the finance sector so far. 
The biggest news in recent days has been about a teacher in Mayo, the continued implosion of the Tories in the UK, trans people in prison, another case of Police brutality in the USA and most importantly, the fabulous 14 Oscar nominations. It’s only January!

Business outlook….

Good news on the economic front for 2023, Ireland seems likely to avoid going into recession according to Goodbody’s Chief Economist Dermot O’Leary. He also predicts that, despite the recent high-profile tech layoffs, Ireland will have “the best budget position in the Euro area”.

PWC has just released it's latest CEO survey - Irish business leaders are cutting costs, yet 79% do not plan to reduce headcount and 89% don’t plan to reduce compensation in the fight to retain talent. Full survey here.  
Ever heard of SCARP? We expect a higher percentage of our readers will have compared to Joe Public. The Small Company Administrative Process scheme is a cost-effective alternative to the examinership process for small and micro businesses. Credited with saving 365 jobs in 16 companies in 2022, the scheme looks like being a boon to SMEs with numbers availing of it ramping up in recent weeks so the companies helped and jobs saved in future looking likely to be considerably higher.

An ask from us for 2023 - If you like the newsletter and any of our other services, could you please give us a 'thumbs up' on Google, it takes two seconds from you and means ALOT to us! Click here to spread the love.

Links of loveliness...

Each month we provide a few links for you to browse and enjoy

- Get yourself up to speed for Oscar night on Monday 13th March. The full list of Oscar nominations!
- You have been given plenty of warning now with these gift ideas for Valentine’s day.
- Is 2023 the year you upskill in the kitchen? Food & drink classes.
- If cooking is not your ‘thing’, is gaming? For all the gamers out there.
  We love an audiobook and books in general, here are the ones to watch in 2023.
- Looking for something altruistic to do? Why not give blood? Did you know we are running worryingly low? It’s always needed and you will save lives!

Entertainment news…..

A great result for Irish performers and technical folk in the Oscar nominations. Kerry Condon, Barry Keoghan, Colin Farrell and Brendan Gleeson all get acting nods for Banshees of Inisherin (along with a host of other nominations including best picture and director) and they are joined by Paul Mescal. An Irish Goodbye is nominated for best live action short and a favourite of ours is the best foreign language film nomination An Cailin Ciuin, we’ll be rooting for that!
Dancing with the stars is off and running with the usual selection of retired sports stars, TV and radio personalities and of course a State Pathologist! You can’t beat a bit of glitz and sparkle on a cold winter evening, so we’ll enjoy seeing who makes it through to the end. PeopleSource has taken Shane “the mullet” Byrne to our hearts, so that’s probably the death knell for him!
Noel Gallagher’s High Flying Birds have announced a gig in Kilmainham this August, support from Primal Scream and the Happy Mondays, and all for €50, are we showing our age yet? But a great bit of value in the music scene all the same. Others playing in Ireland this year include Arctic Monkeys, Bruce Springsteen, Dermot Kennedy and The Coronas to name but a few. Check out the music events here. 
If ever anyone wanted a cautionary tale about how life ‘can turn on a dime’ look no further than the Jeremy Renner and his run-in with a snow plough. Astonishing how he went from in-demand Hollywood A-lister to lucky-to-be-alive in the blink of an eye. The lesson here being, if snow falls, leave it there until it melts.

Sports roundup….

The big sporting event for February/March is the 6 Nations. Hopes are very high for Ireland who sit atop the world rankings but then again, we’ve never worn well the mantle of favourites. Fingers crossed we can emulate Leinster and rack up a succession of wins. On that note, PeopleSource is delighted to announce that we are once again sponsoring this year’s Chartered Accountants Leinster Society Annual Rugby Lunch in the Aviva Stadium on Thursday Feb 2nd. Grab a ticket if you haven’t already and maybe we can catch up in person! 
In GAA, what would you do in this situation? Kilmacud Crokes had 16 players on the pitch at the end of their All-Ireland Club Football Championship, and the 16th man was standing on the goal-line when Glen needed a goal. We think a replay is in order. Joe Brolly thinks so, too!
Post world cup, all attention is back on the Premiership and it would appear that a last-gasp goal against Man Utd may have put Arsenal firmly in the driving seat. However, one or two bad results can change everything and either way it looks like the fight for the remaining Champions League places will be interesting.

In cricket, the first ever current Irish International has been ‘bought’ by a team in the Indian Premier League. Josh Little has been snapped up by the Gujurat Titans, having already been selected in the T20 team of the year.
Final big shout to a real rising star of track and field and someone we hope to see soon with an Olympic medal. Rhasidat Adeleke has knocked a significant .3 off her own Irish record in posting the fastest 200m in the world this year at 22.52 in USA.

Time for a change…..

The start of a new year is traditionally a time when people review their careers, and as ever, we have a fantastic range of roles open at PeopleSource and you can peruse the full list below. Please note this list is not exhaustive, new roles are coming in all the time.

If you know anyone in Finance who has been affected by the recent layoffs, please share this newsletter with them and encourage them to get in touch.

Competition time

Each month we ask our readers to answer a question for a chance to win €100 One4all voucher. 
Our question for the December newsletter was:

Did you use your full holiday entitlement in 2022?  Yes/No
And the results were:
Yes – 64%
No  - 36%
And the winner of our voucher is – Andrew Donnellan – we’ll be in touch!
Our question for the January newsletter is:

With inflation set to remain at between 6 - 8% in 2023. Will you look to switch utility services this year?


The winner will be chosen at random and will receive €100 One4All voucher. Enter here to be in with a chance to win.
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