Bitcoin Magazine reports that Circle (CRCL) has reduced its workforce by about 5%, incurring a $9.1 million restructuring charge. Despite this cut, the company saw a 17% increase in revenue, totaling $865 million for the third quarter. The restructuring appears aimed at optimizing operations amid rising revenue.
Based on the Bitcoin Magazine report; not independently verified.
Source published: Wed, 04 Nov 2026 14:39:56 +0000
[Read the original report](https://bitcoinmagazine.com/news/circle-crcl-cuts-about-5-of-workforce)
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