More evidence that the Celtic Tiger – the colloquial name given to the boom economy being enjoyed in Ireland – is slowing down a bit these days, as Superquinn CEO Simon Burke has been quoted in numerous newspapers there as saying that he expects the entire retail sector to suffer significant job losses after the first of the year because of an economic slowdown.
- KC's View:
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The actual quote from Simon Burke was that he would be “gobsmacked” if there were not big job cuts across the sector.
And I just want to go on record here that “gobsmacked” is one of the great words, and I am going to do my best to start working it into conversation whenever possible.