Unchained reports that Circle, the issuer of USDC, has reduced its workforce by about 5%. This decision was noted in a footnote of its third-quarter results, which revealed a 17% revenue increase to $865 million, largely attributed to its ARC token presale. The company did not specify the number of job losses.
Based on the Unchained report; not independently verified.
Source published: Wed, 04 Nov 2026 12:59:34 +0000
[Read the original report](https://unchainedcrypto.com/circle-cuts-about-5-of-its-workforce-in-quarter-lifted-by-arc-token-presale/)
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