Olga Kharif / Bloomberg:

Shareholder letter: crypto exchange Gemini has cut ~30% of its staff since the beginning of 2026 and had 445 employees as of March 1; Gemini lost $500M+ in 2025  —  Gemini Space Station Inc.'s workforce reduction has reached roughly 30% since the start of the year following layoffs …

Olga Kharif / Bloomberg:

Shareholder letter: crypto exchange Gemini has cut ~30% of its staff since the beginning of 2026 and had 445 employees as of March 1; Gemini lost $500M+ in 2025  —  Gemini Space Station Inc.'s workforce reduction has reached roughly 30% since the start of the year following layoffs …

Source: TechMeme
Source Link: http://www.techmeme.com/260320/p6#a260320p6