FNZ Plans to Cut 3% of Global Workforce by November 14

LONDON, UK – FNZ, a leading platform technology firm, plans to reduce its global workforce by approximately 3% this month. According to sources familiar with the situation, the layoffs are part of a cost-cutting measure aimed at streamlining its operations.

The company is expected to notify affected employees by November 14, with around 100 positions at risk in the Asia-Pacific (APAC) region. Sources disclosed that last Friday, staff members were informed about the potential changes.

Moreover, there are indications that FNZ may pursue an additional 5% workforce reduction in the first quarter of 2026. This news has raised concerns among employees and industry observers about the company’s financial outlook and strategic direction.

FNZ, which has been expanding rapidly, is taking these measures to ensure sustainability amid economic pressures. Company spokespersons have not yet commented on specifics regarding the layoffs or the overall business strategy.

The impact of these cuts could be significant, affecting team dynamics and pushing remaining staff to adjust to a leaner organizational structure. Industry experts are closely monitoring FNZ’s next steps as the situation develops.