Gemini cryptocurrency exchange office scene depicting staff cuts and restructuring during market downturn.
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Gemini Staff Cuts: Crypto Exchange Slashes Up to 25% of Workforce in Key Restructuring

New York, May 2025: In a move that underscores the persistent pressures within the digital asset industry, prominent cryptocurrency exchange Gemini has initiated a significant restructuring, resulting in workforce reductions of up to 25%. This decisive action, first reported by Bloomberg, signals a strategic pivot for the company founded by the Winklevoss twins, as it […]

Gemini exchange strategic exit from UK, EU, and Australia markets with 25% workforce reduction.
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Gemini Exchange Shocks Crypto World with UK, EU, and Australia Exit as Workforce Plummets 25%

New York, May 15, 2025: In a stunning strategic reversal, Gemini Trust Company, LLC, the cryptocurrency exchange founded by the Winklevoss twins, announced its immediate exit from the United Kingdom, European Union, and Australia markets on Thursday. The company simultaneously confirmed a massive 25% reduction in its global workforce, affecting nearly 200 employees. This dual […]