Circle Cuts 5% of Staff Despite $226M Quarterly Profit
Circle, the company behind the USDC stablecoin, has cut about 5% of its workforce. The cuts were disclosed in footnotes to Circle’s third-quarter earnings release on Wednesday, 4 November. Th
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AnonymousCryptoCompass newsroom
November 4, 2026
1 min read
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Circle, the company behind the USDC stablecoin, has cut about 5% of its workforce.
The cuts were disclosed in footnotes to Circle’s third-quarter earnings release on Wednesday, 4 November. The company said the move was “designed to better align our organizational structure with our operating model and strategic priorities.”
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