March 9 (Reuters) - Xero Ltd (XRO) :
- ANNOUNCES PROGRAM TO REDUCE COSTS
- ORGANISATIONAL CHANGES REDUCE 700-800 ROLES GLOBALLY AND STREAMLINE XEROʼS BUSINESS
- PROGRAM INVOLVES RESHAPING XEROʼS ORGANISATIONAL STRUCTURE BY REDUCING 700-800 ROLES ACROSS XEROʼS BUSINESS
- XERO MAINTAINS ITS CURRENT GUIDANCE FOR FY23
- PLANS TO EXIT CLOUD-BASED LENDING PLATFORM WADDLE
- OPERATING EXPENSE TO REVENUE RATIO IS EXPECTED TO REDUCE SIGNIFICANTLY IN FY24
- HEADCOUNT REDUCTIONS WILL IMPROVE OPERATING PROFITABILITY AS OPERATING EXPENSE TO REVENUE RATIO IS EXPECTED TO REDUCE SIGNIFICANTLY IN FY24
- MANAGEMENT IS TARGETING OPERATING EXPENSE TO REVENUE RATIO IN FY24 OF AROUND 75%
News: XRO Xero Ltd Announces Organisational Changes To Reduce 700-800 Roles Globally
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Last
$159.75 |
Change
-1.240(0.77%) |
Mkt cap ! $26.41B | |||
| Open | High | Low | Value | Volume |
| $160.78 | $162.32 | $159.75 | $76.72M | 479.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 94 | $159.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $160.29 | 142 | 2 |
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| Last trade - 16.10pm 09/09/2025 (20 minute delay) ? |
| XRO (ASX) Chart |