FinanceThe Blockabout 2 hours ago
Circle Cuts 5% Staff Amid Revenue Growth
3 min read
Stablecoin issuer Circle Internet Group reported $865 million in Q3 revenue and disclosed a 5% workforce reduction costing $9.1 million. While net income rose 6% to $226 million, the firm cut staff to better align with strategic priorities, maintaining full-year 2026 guidance despite the cuts.
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