Gemini cuts more staff as many crypto prices increase: Report
Cointelegraph
Published Jul 18, 2022 03:17PM ET
Updated Jul 18, 2022 05:20PM ET
Cameron and Tyler Winklevoss’ Gemini has reportedly laid off additional staff more than a month after reports suggested the cryptocurrency exchange cut 10% of its employees.
In a Monday report from TechCrunch, the news outlet said that a source close to Gemini reported 68 fewer employees on the company’s Slack channel, suggesting the crypto exchange had cut roughly 7% of its more than 1,000 staff. The unnamed source claimed that Gemini continued laying off employees as part of “extreme cost-cutting.”
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Written By: Cointelegraph
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