Crypto Layoffs Deepen as Gemini Cuts 30% and Crypto.com Adopts AI
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- Gemini deepens layoffs by 30% as losses widen, despite stronger Q4 revenue.
- Gemini exited UK, EU, and Australia operations amid broader restructuring efforts.
- AI adoption accelerates layoffs as Crypto.com trims roles to align with automation strategy.
Crypto firms are reducing headcount as financial pressure and operational restructuring reshape the sector, with recent disclosures from major exchanges pointing to continued workforce adjustments tied to cost controls and technology adoption.
Crypto exchange Gemini has reduced its workforce by about 30% since the start of the year, bringing total headcount to roughly 445 employees. The cuts extended beyond the earlier-announced 25% reduction, with additional layoffs affecting U.S.-based staff.
The company reported a full-year net loss of approximately $585 million for 2025, including unrealized losses linked to cr…
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