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Laybuy slashes NZ staff, but no sale or capital raise

Clear path to profitability after strategic review, says CEO.

Laybuy announced a strategic review in April, with support from European financial adviser NOR Capital.

Tim Hunter Thu, 28 Jul 2022

ASX-listed buy now pay later company Laybuy has ruled out a sale or partial sale of its business after a strategic review, saying it has a clear pathway to profitability.

In a detailed announcement after markets closed in Australia, the company said it would instead slash costs by cutting jobs at

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Laybuy slashes NZ staff, but no sale or capital raise
Investment,
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