Circle cuts 5% of staff despite profitable quarter
The USDC issuer trimmed headcount even as it reported profitability, highlighting cost discipline in the stablecoin business.
Read at Decrypt →Full coverage · 15 outlets
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- Yahoo FinanceCircle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?
- Bitcoin FoundationCircle Layoffs: Company Cuts 5% of Staff in Q3
- The InformationStablecoin Issuer Circle Cuts 5% Jobs
- BenzingaCircle Internet Cuts 5% of Staff, Beats Estimates: What's Weighing on the Stock?
- TheStreetCircle crushes Q3 estimates as staff shrinks 5%
- The CryptonomistCircle Q3 Earnings Beat Forecasts Despite Workforce Reduction
- Business InsiderCompanies laying off staff this year include Meta, Amazon, and Dropbox - see the list
- Tech.coTech Companies That Have Made Layoffs from 2022 to 2026 (Updated List)
- TechCrunchCisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
- People MattersCisco announces 5% layoffs while posting record $15.8 billion revenue
- ReutersUnited Airlines to cut more flights as it eyes oil above $100 through 2027
- CTechFull list of Israeli high-tech layoffs in 2026
- RIABizAltruist cuts two dozen workers in second layoff round this year, for a net staff slide of 16%, despite growth -- ‘It’s on me,’ says Jason Wenk
- The GuardianMicrosoft to lay off 6,000 workers despite streak of profitable quarters