FinanceAU

Iress Layoffs

April 2023

Iress announced a layoff affecting 0 employees (10% of its workforce) in April 2023. The company operates in the Finance sector.

Share:
People Affected

0

Percentage

10%

Announced Date

Apr 20, 2023

Company Information

Industry
Finance
Country
AU
Region
Melbourne, Non-U.S.
Last Updated: Apr 18, 2026

About

Following a strategic review, Australian fintech firm Iress announced a management restructure and a 10 per cent reduction in its workforce in April 2023. The job cuts are part of a plan to refocus on core software offerings in financial advice, trading, and market data. The company aims to reinvest in its technology, enhance connectivity in wealth and trading platforms, and explore opportunities in AI and data analytics. This restructuring is intended to bring the company closer to its clients and drive higher accountability and performance across its operations.

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