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Circle Cuts About 5% of Its Workforce in Quarter Lifted by ARC Token Presale

Unchained·November 4, 2026·1 min read
Circle Cuts About 5% of Its Workforce in Quarter Lifted by ARC Token Presale

Circle cut about 5% of its workforce in a quarter lifted by its ARC token presale. The USDC issuer disclosed the reduction in a footnote to third-quarter results, which showed revenue up 17% to $865 million. The company did not specify how many employees were affected.

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