GEMINI CUTS 30% OF STAFF, AI TAKEOVER IMMINENT đ¨
Gemini confirms substantial layoffs â a 30% reduction in headcount YTD. Implementing AI to slash costs after a $500M loss in 2023. No forward guidance issued, signaling internal restructuring and potential liquidity concerns.
Monitor volume on Top-tier exchange. Whale activity expected as Gemini navigates this critical pivot. Position size accordingly.
Not financial advice. Manage your risk.