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Gemini exits the UK, EU and Australia and cuts 25% of staff, as the crypto exchange refocuses on the US due to foreign markets proving "hard to win" (Naga Avan-Nomayo/The Block)

Techmeme [Unofficial] February 5, 2026
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Naga Avan-Nomayo / The Block: Gemini exits the UK, EU and Australia and cuts 25% of staff, as the crypto exchange refocuses on the US due to foreign markets proving“hard to win”  —  Quick Take  — Gemini links its latest layoffs to a push for a leaner, more automated operating model, saying increased use of AI lets it run faster with fewer staff.

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