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Gemini will withdraw from the UK, EU, and Australian markets while reducing its workforce by about 25%, prioritizing the US. The decision follows previous layoffs and reflects a strategy to concentrate resources where demand justifies investment.

The company plans to enhance automation and efficiency, having previously peaked at a workforce of around 1,100. Recent regulatory approvals in the US allow Gemini to explore new business avenues, including derivatives, while navigating ongoing legal challenges.