Gemini

Gemini representing approximately 30% of its workforce on 2026-03-20.

Gemini laid off 200 employees on 2025-02-05.

Gemini representing approximately 10% of its workforce on 2023-01-23.

Crypto exchange Gemini conducted a second round of layoffs in July 2022, cutting approximately 68 employees, which represented about 7% of its workforce at the time. This followed a previous reduction of 10% just seven weeks earlier, driven by "turbulent market conditions" and "extreme cost cutting." The company, which had around 950 employees before these cuts, was reportedly planning to reduce its headcount to about 800. The layoffs were part of broader efforts to navigate a challenging crypto market downturn, with internal documents and Slack messages indicating ongoing restructuring and cost management within the startup.

Gemini laid off 100 employees representing approximately 10% of its workforce on 2022-06-02.