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SEC filings · Form 8-K, Item 2.05

Gemini Space Station, Inc. layoffs and restructuring

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  • Note: Layoff plan disclosed Feb 2026 (about 200 employees) (filing)

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Every exit or restructuring plan Gemini Space Station, Inc. reported on Form 8-K under Item 2.05: the filing's own words on employees affected, share of workforce, locations, charges and timing.

About 200 employees are affected, about 25% of its workforce, according to Gemini Space Station, Inc.'s latest layoff filing, on February 5, 2026. As of November 6, 2026, Gemini Space Station, Inc. has reported this one exit or restructuring plan to the SEC on Form 8-K under Item 2.05. No WARN notice under its name is on file in the states covered here (Form 8-K, February 5, 2026).

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Winklevoss Capital Fund, LLC also filed stake reports on 2 other companies ↓

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SEC filings1
Latest, employees200
Latest filing2026-02-05

Gemini Space Station, Inc. reported 1 exit or restructuring plan on Form 8-K under Item 2.05, 1 of 1 stating how many employees or positions are affected. Each fact below is the filing's own sentence, quoted and linked. No WARN notice under this company's name is on file in the states covered here.

Did Gemini Space Station have layoffs in 2026? What its filings say

Gemini Space Station, Inc. (CIK 2055592) reported 1 exit or restructuring plan to the SEC on Form 8-K under Item 2.05. The sentences below are quoted from the filings as written.

Form 8-K filed 2026-02-05

Employees affected

The Plan is expected to include a reduction in force of up to 200 global employees, including employees in Europe, the United States, and Singapore, and representing approximately 25% of the Company's total global workforce as of February 4, 2026.

Locations

On February 4, 2026, Gemini Space Station, Inc. ("Gemini," the "Company," "we," or "us") approved a plan to exit and wind down its operations in the United Kingdom, the European Union and other European jurisdictions, and Australia as part of a broader initiative to reduce operating expenses and support the Company's path to profitability (the "Plan").

Expected charges

In connection with the Plan, the Company currently estimates that it will incur pre-tax restructuring and related charges of approximately $11 million, substantially all of which are expected to result in cash expenditures.

Timing

The Company expects the Plan to be substantially completed in the first half of 2026, subject to applicable local law and consultation requirements.

Also on the record for Gemini Space Station, Inc.

DateRecordFigureOur pageSource
July 29, 2026Stake report, Schedule 13G, by BlackRock, Inc.5.5% of the class5%+ stakesSource
May 18, 2026Stake report, Schedule 13D, by Winklevoss Capital Fund, LLC65.1% of the class5%+ stakesSource
May 5, 2026Stake report, Schedule 13G/A, by Mark W. Yusko4.8% of the class5%+ stakesSource
November 14, 2025Stake report, Schedule 13G, by Winklevoss Capital Fund, LLC63.9% of the class5%+ stakesSource
September 22, 2025Stake report, Schedule 13G, by Mark W. Yusko6.3% of the class5%+ stakesSource
September 15, 2025IPO filing, Form 424B4$28 a shareIPO filingsSource
September 10, 2025IPO filing, Form S-1/A—IPO filingsSource
September 9, 2025IPO filing, Form S-1/A—IPO filingsSource
September 9, 2025IPO filing, Form S-1/A—IPO filingsSource
September 2, 2025IPO filing, Form S-1/A—IPO filingsSource
August 21, 2025IPO filing, Form S-1/A—IPO filingsSource
August 15, 2025IPO filing, Form S-1—IPO filingsSource

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Public companies must also report to the SEC, on Form 8-K under Item 2.05, when they commit to an exit or restructuring plan that will cost them material charges, which is how most large layoffs and closures by listed companies are disclosed. Those filings are national, so they cover companies in every state. Each sentence shown from one is quoted exactly and linked to the filing; where a filing does not state a figure, none is shown.

Where this comes from

Employers covered by the federal WARN Act, and by the stricter laws some states add, must give written notice before a mass layoff or a site closure. The state labor department publishes those notices. Every row here is one of them, taken from that state's own published file and linked to it, so each figure can be checked at the source.

A notice states the employer, the location, the number of employees affected, and when the layoff or closure takes effect. It does not state a reason, and neither does this page. Where a company also appears in SEC filings under the same name and in the same state, its recorded fundraising is shown alongside, as a matter of record rather than as an explanation. New Jersey and Pennsylvania list a notice under the month it was posted or received, not the day, so their notices show a month. Tennessee gives the county rather than the city.

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Last updated 2026-11-06
Gemini Space Station layoffs 2026: about 200 jobs (8-K). MentionFox, 2026-11-06. https://mentionfox.com/layoffs/gemini-space-station