Gemini Cuts 30% of Workforce

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Crypto exchange Gemini has cut about 30% of its workforce since January, reducing staff to around 445 employees. The company is also bringing in AI tools to improve efficiency and lower costs. Gemini reported a net loss of nearly $585 million in 2025, with about $60 million in revenue in the final quarter. The cuts come after earlier layoffs, exits from the UK, EU, and Australia, and leadership changes as the firm tries to stabilise its business.