Gemini Slashes Staff 10% on Crypto Slump

Gemini slashes staff 10% on crypto slump. “This is where we are now, in the contraction phase that is settling into a period of stasis, what our industry refers to as ‘crypto winter,’” the brothers wrote in a memo sent to employees. “This has all been further compounded by the current macroeconomic and geopolitical turmoil. We are not alone.”