Listed cleaning tech group to cut 100 jobs as it transitions to become a licensing organisation

Rotherham-based cleaning company Xeros Technology Group has this morning set out plans to exit all of its direct sales business to transition into a pure licensing organisation; which will see its headcount reduce from 160 to 60. 

Xeros said it plans to exit from all direct sales business by the end of 2019 and that it was now "on course" to have a pure-play licensing organisation in place by end 2019. It is also to spin-out its tanning business. 

The listed business added: "Headcount reductio... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...