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Gemini Cuts More Staff as Crypto Firm’s Valuation Plunges 82%

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Published 2026-02-23 02:15 UTCUpdated 2026-02-23 09:33 UTC
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Overview

Gemini is reportedly cutting more staff amid an 82% decline in the crypto firm’s valuation. The company has in recent days laid off additional workers beyond the 25% of staff cuts it announced earlier this month, Bloomberg News reported Sunday (Feb. 22), citing sources familiar with the matter.

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Tyler Winklevoss upbeat despite brutal sentiment as Gemini troubles deepen
Cointelegraph · cointelegraph.com · 2026-02-23 09:33 UTC
Gemini Cuts More Staff as Crypto Firm’s Valuation Plunges 82%
PYMNTS · pymnts.com · 2026-02-23 02:15 UTC
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