Cryptocurrency exchange Gemini has reduced its workforce by approximately 30% since the beginning of the year, bringing its employee count down to around 445. The company has also implemented AI tools to enhance operational efficiency. For the full year 2025, Gemini reported a loss of about $585 million, with fourth-quarter revenue at approximately $60 million, though losses widened.
Earlier, Gemini announced a 25% reduction in staff and its withdrawal from the UK, EU, and Australian markets, alongside a reshuffle of several key executives.
Gemini Cuts Workforce by 30% and Reports $585 Million Loss for 2025
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