Circle Cuts Workforce, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally

circle cuts workforce ends certain non core activities will continue hiring globally

“To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a spokesperson for Circle told CoinDesk in an email. “As a result, we have reduced or ended investments in non-core activities and reduced operational expenses which includes a marginal reduction in headcount. At the same time, we have identified new areas for investment and are continuing to hire in key areas of focus on a global basis.”

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