Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss. In a post announcing the news, the duo attributed the layoffs to “turbulent market conditions that are likely to persist for some time.”
All employees will be provided a separation package and healthcare benefits. The company closed its physical offices, the co-founders wrote, “so that these conversations will be held remotely to protect the privacy of each impacted individual. Our highest priority throughout will be to treat everyone affected with compassion and r

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