Circle Layoffs: US-Based Cryptocurrency Firm Lays Off Staff, Cuts Investments in Non-Core Business Activities
The size of the job cuts is unknown, however, the company reportedly had about 900 employees at the end of last year. Moreover, Circle's spokesperson, Zara Gleasure, stated that the company is "redoubling its focus" on core business activities and execution in order to maintain its "strong" balance sheet.