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%
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Last
$162.34 |
Change
1.000(0.62%) |
Mkt cap ! $26.85B | |||
| Open | High | Low | Value | Volume |
| $160.05 | $163.12 | $159.69 | $27.91M | 171.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 92 | $162.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $162.35 | 30 | 6 |
View Market Depth
| Last trade - 14.56pm 11/09/2025 (20 minute delay) ? |
| XRO (ASX) Chart |