TechFlow News, March 20: According to Bloomberg, cryptocurrency exchange Gemini announced that it has cut approximately 30% of its workforce since the beginning of the year, reducing headcount to roughly 445 employees, and introduced AI tools to improve operational efficiency. The company reported a full-year 2025 loss of approximately $585 million, with Q4 revenue of about $60 million but an expanded net loss. Earlier, Gemini had announced a roughly 25% workforce reduction, exited the UK, EU, and Australian markets, and replaced several senior executives.
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