[Gemini Layoffs Around 30% This Year, Annual Loss of $585 Million] According to Bloomberg, cryptocurrency exchange Gemini has laid off approximately 30% of its workforce since the beginning of the year, reducing the number of employees to around 445, and has introduced AI tools to improve efficiency. The company reported an annual loss of approximately $585 million for 2025, with fourth-quarter revenue of around $60 million but an expanded loss. Previously, Gemini had announced layoffs of about 25% and exited the UK, EU, and Australian markets, while also replacing several executives.