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4 Dec 2024 0:04
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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


    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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     Today's News

    		 Law and Order:
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    Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration 21:57

     Entertainment:
    Teri Hatcher will be "baking and baking" throughout the festive season 21:44

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     Entertainment:
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     Entertainment:
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     International:
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     Entertainment:
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     Politics:
    The Electoral Commission's head admits he didn't properly weigh up the decision to have a polling booth at a Marae run by a candidate 19:27

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