Up to a third of jobs at Trade Window could be axed

Up to a third of jobs at Trade Window could be axed
CEO AJ Smith says demand for its services remains strong. (Image: Trade Window)
Staff reporters
Listed software company Trade Window is slimming down its research and development team after falling well short on a recent funding round.The company announced to the New Zealand stock exchange on Wednesday that it has begun consulting on a proposal to cut between 25 and 35 roles, which would be up to a third of its headcount.The company said the proposed changes reflected a more conservative approach to its R&D investments in a challenging funding market for early-stage technology companies.Funding shortfallThis follows a Feb 27 announcem...

More Markets

Analysts diverge on Ryman outlook
Property

Analysts diverge on Ryman outlook

There is a gap of nearly $3 between Jarden and ForBarr's 12-month target prices.

NZ sharemarket flat, on track for monthly return of over 5%
Markets Market close

NZ sharemarket flat, on track for monthly return of over 5%

The S&P/NZX 50 Index closed at 12,329.44, up 37.41 points or 0.3%.

Graham Skellern 18 Jul 2024
'Show of faith': Santana Minerals achieves NZX listing
Markets

'Show of faith': Santana Minerals achieves NZX listing

The gold mining company is the second new listing on the NZX since 2023.

Oliver Lewis 18 Jul 2024
Global shares dip as 'Trump trade' undermines assets
Markets Market wrap

Global shares dip as 'Trump trade' undermines assets

World stocks have fallen slightly.

AAP 18 Jul 2024