Circle Increases Revenue and Reduces Workforce

In Crypto Regulations
November 05, 2026

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Circle has reduced its workforce by about 5%. The layoffs occurred following a successful third quarter, during which the company’s net profit rose by 5% to $226 million.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.