Circle cuts 5% of staff in a profitable quarter
The USDC issuer trimmed headcount despite reporting profitability, part of an efficiency push among stablecoin firms.
Read at Decrypt →Full coverage · 14 outlets
- Decrypt · lead
- Yahoo FinanceCircle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?
- ForkLogCircle Increases Revenue and Reduces Workforce
- CoinGeekCircle sees revenue surge on ARC sales, lays off 5% of staff
- Bitcoin FoundationCircle Cuts 5% of Staff Despite $226M in Q3 Net Income
- shattered.ioMicrosoft Posts $36.6B Profit, Offers 60,000 Buyouts [2026]
- ReutersUnited Airlines to cut more flights as it eyes oil above $100 through 2027
- TechCrunchExclusive: Redwood Materials lays off 10% in restructuring to chase energy storage business
- Business InsiderCompanies laying off staff this year include Meta, Amazon, and Dropbox - see the list
- NPRSpotify to cut 17% of staff in the latest round of tech layoffs
- CoinpaperCircle Cuts 5% of Workforce as CRCL Stock Reacts to $865 Million Earnings Report
- TipRanksCRCL Stock Drops as Circle Cuts 5% of Staff as Falling Interest Rates Squeeze Stablecoin Reserve Income
- FinanceFeedsCircle Q3 Revenue Rises 17% to $865 Million on a One-Off Token Presale, With a 5% Staff Cut
- YahooCircle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?