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Xero lays off 800 employees — March 9, 2023

Xero, a finance company based in New Zealand, laid off 800 employees on March 9, 2023. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Xero
Employees laid off
800
Date
March 9, 2023
Industry
Finance
Country
New Zealand
Company stage
Post-IPO
Total raised (pre-layoff)
$681M

Source: https://www.stuff.co.nz/business/300826021/xero-plans-to-cut-up-to-800-jobs

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