Gemini Cuts 10% Of Its Workforce, The Third Round Of LayoffsIin The Past Eight Months  

Akash Gupta

Other 1 year ago
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Key Points: According to The Information, internal information shows that the encryption exchange Gemini will lay off 10% of its staff. Cameron Winklevoss, co-founder and president of Gemini, informed employees of the layoffs on Slack, saying that poor macroeconomic conditions and “unprecedented fraud” in the crypto industry have forced the company to lay off employees.