Main takeaway: Axing another 40% of employees in a cost cutting move designed to help reach earnings breakeven in the financial year ending March 2025.
Trade Window Holdings will reduce its number of employees by 40% to 48 in an effort to reach monthly earnings breakeven in its 2025 financial year.
The NZX-listed trade software company had previously said it would cut staff by a minimum of 50%, but has since secured $500,000 in new equity from its
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Key points
Revenue: Up 25% to $3m
Net loss: $4.8m, 32% better than HY23
Main takeaway: Axing another 40% of employees in a cost cutting move designed to help reach earnings breakeven in the financial year ending March 2025.
