Gemini Goes Downsizing: Layoffs Amid Genesis and DCG Crisis!

Popular US cryptocurrency exchange Gemini has announced that it will layoffs with Genesis, which has filed for bankruptcy, amid poor macroeconomic conditions and declining investor interest in the cryptocurrency market amid a crisis.

of The Information January 23 According to the news he published on Gemini CEO Cameron Wivklevoss In a message he sent to employees on Monday, his staff 10% will be laid off gave the information. Since June of last year third CEO of the stock market, which reduced the number of personnel for the first time Cameron Vinklewoss, reasons for layoffs while referring after such a you won’t need He said what he was thinking.

According to the information received, Winklevoss was cited as the reason for the dismissals. bad macroeconomic conditions and recent events in the cryptocurrency markets. scandals declining due to investor interest and trust showed damage.

personnel under the layoff plan. 10% of Gemini, who is expected to be fired, 2022 at the beginning of the year 1,100 together with the other dismissals made during the year. 650 to 700 had fallen between

Gemini recently 900 million filed for bankruptcy due to Genesis and roofing company To the Digital Currency Group (DCG) He said he could sue.

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