FP Markets has laid off up to 7% of its global workforce as part of an organizational review, joining a trend of layoffs in the retail brokerage industry. The company continues to invest in technology and expand into new markets despite the cuts. Other firms like IronFX and eToro have also made similar reductions, often citing efficiency gains linked to AI. The impact of Generative AI on these layoffs remains uncertain, as regulators begin to scrutinize claims of automation improving efficiency.

