Odaily Planet Daily reports that cryptocurrency exchange platform Gemini (Gemini Space Station Inc.) stated that, following this round of layoffs, its workforce has been reduced by approximately 30% since the beginning of the year, and it is now implementing AI tools to enhance productivity. Gemini incurred losses exceeding $500 million last year.
As of March 1, the company founded by billionaire twins Tyler Winklevoss and Cameron Winklevoss had approximately 445 employees. Gemini, headquartered in New York, did not provide a 2026 operational outlook when reporting its fourth-quarter results. (Bloomberg)