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
$161.34 |
Change
1.590(1.00%) |
Mkt cap ! $26.68B | |||
| Open | High | Low | Value | Volume |
| $160.11 | $162.32 | $160.04 | $81.83M | 508.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41 | $161.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $161.35 | 102 | 1 |
View Market Depth
| Last trade - 16.19pm 10/09/2025 (20 minute delay) ? |
| XRO (ASX) Chart |