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5 Nov 2024 17:18
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  •   Home > News > Business

    Small businesses have taken yet another hit to sales and the workforce

    Small businesses have taken yet another hit to sales and the workforce

    3 November 2024
    The latest Xero Small Business Insights for the quarter ending in September shows sales fell to 2.7-percent year on year.

    Its a bigger decline than the 1.4-percent year-on-year fall recorded in the second quarter.

    Xero Country Manager Bridget Snelling says a third of small business are also downsizing their workforce.

    She says it is the most since early 2020 when lockdowns were impacting the business landscape.

    © 2024 Newstalk ZB, NZCity


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