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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
4 mins to read

Xero books Planday impairment as headcount reduction takes effect

New CEO reports her first FY results, but gives little away on new North American strategy.

Xero CEO Sukhinder Singh Cassidy.

Will Mace Thu, 18 May 2023

Xero’s $77.9 million impairment of its Planday business is “disappointing”, according to new CEO Sukhinder Singh Cassidy, who described the recently-acquired workforce management platform as having gone through a year of transition.

The ASX-listed accounting software business disclosed the

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Will Mace Thu, 18 May 2023
Contact the Writer: william@nbr.co.nz
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Xero books Planday impairment as headcount reduction takes effect
Investment,
99116
true