eToro announces 7% global layoffs, exchanges reduce costs and increase efficiency becoming an industry trend

Source: CryptoNewsNet Original Title: Exclusive: eToro to Lay Off 7% of Staff Globally Original Link:

eToro全球裁员7%

eToro (Nasdaq: ETOR) is reducing approximately 7% of its global headcount. CEO Yoni Assia sent a letter to staff stating: “As eToro matures, we must ensure we are correctly sized to meet our business needs and support our long-term growth strategy.”

According to eToro’s IPO prospectus, the company had 1,501 employees across over 10 offices globally by the end of 2024. Based on these numbers, the layoff will impact over 100 staffers. However, specific positions targeted for cuts have not been disclosed.

eToro is headquartered in Israel with offices in the UK, Cyprus, Belgium, Germany, Denmark, the United States, Australia, Abu Dhabi, Singapore, Seychelles, Malta, and Gibraltar.

CEO声明

“We are reducing our global headcount by approximately 7%. This is not a decision that we take lightly and we will be supporting all impacted employees as best we can,” Assia wrote.

The CEO emphasized that the company is “aligning resources with key priorities and leveraging process automation and AI to operate more efficiently.” He noted that “It is often harder to make these changes when a company is doing well, but that is precisely when they are most necessary. By taking these steps now from a position of strength, we are focusing our people and effort on the technologies and opportunities that will shape our future.”

Assia highlighted eToro’s strong financial position: “Our financial condition has never been stronger. In Q3, we saw net contribution (revenue) growth of 28%, Adjusted EBITDA growth of 43%, and solid cash flow generation. We have a strong balance sheet with $1.2 billion in cash, cash equivalents and short term investments as of September 30, 2025.”

行业普遍现象

eToro并非唯一采取裁员措施的经纪商。2023年，IG Group全球裁员10%，几个月后CMC Markets宣布裁员17%。行业内多家机构都在利用AI和流程自动化来优化运营成本。

尽管eToro上市表现不俗，但其股价近期承压，自上市以来已下跌超50%，最近被某头部投行从买入降级为持有。

虽然eToro预计2025-2027年年均增长率为7%，但这低于行业平均的8%。其36%的税前利润率相比行业54%的水平也存在差距，这可能是公司寻求通过裁员和效率提升来改善业绩的原因之一。