FP Markets has announced layoffs affecting less than 7% of its global workforce as part of an organizational review. The broker continues to expand into new markets and invest in technology, despite recent internal and regulatory changes, including a fine from the Cyprus Securities and Exchange Commission. This trend of layoffs is seen across the retail brokerage industry, with other firms like IronFX and eToro also reducing staff, often attributed to efficiency gains linked to AI. The impact of Generative AI on these layoffs remains debated, with ongoing scrutiny from regulators.

