Bitcoin
Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M
Bitcoin Magazine·November 4, 2026·1 min read
Circle cut about 5% of its workforce and booked a $9.1 million restructuring charge in Q3, where revenue rose 17% to $865 million. The stablecoin issuer's cost-cutting measures come amid growth, reflecting a focus on efficiency. The layoffs and charge signal strategic adjustments despite strong financial performance.
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