According to Bloomberg, cryptocurrency exchange Gemini stated that it has cumulatively laid off approximately 30% of its workforce since the beginning of the year, reducing its employee count to around 445 people, and has introduced AI tools to improve efficiency. The company's full-year loss for 2025 is approximately $585 million, with fourth-quarter revenue of around $60 million but expanding losses. Previously, it had announced layoffs of approximately 25%, exited markets in the United Kingdom, European Union, and Australia, and replaced multiple executives.