🚨 LAYOFF ALERT - NEW YORK πŸ‡ΊπŸ‡Έ

Gemini Space Station will lay off approximately 30% of its workforce (reducing headcount to ~445 employees) as part of cost-cutting efforts amid widening losses and regulatory challenges.

The cuts follow a $585 million annual loss in 2025 and include executive departures, with the company also exiting markets in the United Kingdom, European Union, and Australia to streamline operations.